Oct 12, 2023 · Sysco Corporation has agreed to acquire US-based Edward Don & Company, a distributor of foodservice equipment, supplies and disposables.

Dec 18, 2024 · Its menu features chicken salad flavours, sandwiches, gourmet soups, sides and desserts. As part of the opening celebrations, the restaurant will offer the first 100 guests who purchase the Chick Meal free chicken salad for a year.

Jan 3, 2025 · Bankrupt US-based restaurant chain TGI Fridays has secured court approval to sell nine of its corporate-owned restaurants for $34.5m.. The approval by US bankruptcy judge Stacey Jernigan in Dallas, Texas, will enable the American brand to …

Dec 17, 2024 · North American food and foodservice distribution company Performance Food Group (PFG) has outlined changes to its executive leadership structure to drive innovation and foster growth.. Approved by the company’s board of …

Nov 20, 2024 · The acquisition follows 2023’s agreement by Roark Capital to purchase Subway for up to $9.55bn, indicating a trend of significant investments in the fast-casual dining sector.

Oct 14, 2024 · Darden Restaurants has completed the acquisition of Chuy’s Holdings in an cash deal with an enterprise value of $605m.. The deal, announced in July 2024 and approved by a majority of Chuy’s stockholders on 10 October, enhances Darden’s portfolio of differentiated brands, including Olive Garden and LongHorn Steakhouse.

Jan 8, 2025 · With an $18m investment from new stakeholders, Presto will now focus on expanding its Voice AI business. Credit: VH-studio/Shutterstock. Presto Automation (PRST), which provides AI-driven solutions for the quick-service restaurant (QSR) industry, has completed the sale of assets to a group led by ...

Jan 29, 2025 · Buetikofer brings wide experience to her new role. She joined McDonald’s in 2011 and worked across a range of geographies and departments. Her achievements as CMO of McDonald’s Canada include launching the loyalty programme, introducing menu expansions such as the McCrispy and Chicken Big Mac — the latter being Canada’s most successful limited …

Sep 17, 2024 · Seafood restaurant chain Red Lobster has exited Chapter 11 bankruptcy restructuring after completion of its acquisition by RL Investor Holdings.

Dec 13, 2024 · The primary capital raise was spearheaded by Singapore’s Temasek, with participation from Evolvence, an existing investor. The company was quoted by the publication as saying: “The round witnessed certain investors receiving exits, underscoring Rebel Foods’ commitment to delivering value to its stakeholders.”