Collins Foods Ltd:Says it has completed the acquisition of Competitive Foods Pty Ltd, the KFC franchisee in Western Australia and Northern Territory.
Beijing Xiangeqing Group Co Ltd:To acquire 51 pct stake in Beijing CCTV Splendid Film and TV Corp. Ltd. from an individual Xiong Cheng.Transaction price to be determined.
Restamax Oyj:Says it has purchased the entire share capital of Rengasravintolat Oy.Says the business transaction covers Rengasravintolat Oy and 16 restaurants that are owned by its full subsidiaries in Helsinki, Tampere, Jyvaskyla, and Pori.Says the 2013 pro forma turnover of the businesses purchased was 21.9 mln euros, EBITDA 4.5 mln euros and operating profit 4.1 mln euros.Says the sales price for the business transaction was 7.8 mln euros in cash and 2,130,000 new Restamax Plc shares issued by the buyer to the seller.Says the transaction is effective, and the shares issued for the seller have been fully subscribed.Says an additional purchase price up to about 1.2 mln euros is also to be paid.Says the final additional purchase price will be determined by the Rengasravintolat Oy's net assets as per the company's audited FAS consolidated financial statement signed on Feb. 28.
Collins Foods Ltd update on acquisition of Competitive Foods’ Western Australian and Northern Territory KFC store
Collins Foods Ltd:Acquisition of Competitive Foods’ Western Australian and Northern Territory KFC stores is expected to be completed in early March.Terms were not disclosed.
Beijing Xiangeqing Group Co Ltd:Says its Hefei-based wholly owned restaurant subsidiary will acquire remaining 49 pct stake in a Hefei-based joint venture, from a Hefei-based green energy development company.Says the estimated transaction price is 352.80 million yuan.
Chanticleer Holdings Inc:Says it has completed the acquisition of Hooters' U.S. Pacific Northwest franchise rights and two existing restaurants in Oregon and Washington.Says it has acquired 100 pct of the shares of Tacoma Wings, LLC and Hooters of Oregon Partners, LLC, owners and operators of the two locations in Portland, OR and Tacoma, WA.Says all leasehold and current franchise rights to the Hooters locations in Oregon and Washington have been transferred to the company and Management is evaluating locations around the Portland and Seattle areas for future restaurant openings.In addition, Chanticleer also completed its acquisition of Chef John Tesar's fine dining seafood restaurant, Spoon Bar & Kitchen, located in Dallas, TX, acquiring 100 pct of the shares of Dallas Spoon, LLC and Dallas Spoon Beverage, LLC.
Zensho Holdings Co Ltd and MARUYA CO LTD:Says Zensho Holdings Co Ltd's Tokyo-based subsidiary will replace Zensho Holdings to conduct the full acquisition of MARUYA CO LTD, effective Mar. 26.Says Zensho Holdings's subsidiary will pay 200 yen per share to shareholders of MARUYA, and MARUYA will retire all its treasury shares before the effective date.Says MARUYA will be delisted from Tokyo Stock Exchange on Mar. 20.
AMIYAKI TEI CO LTD:Says it will acquire 1,600 shares (100 pct stake) of ACT GROUP, a restaurant company, from an individual, on Jan. 31.
Rasta Group AB:Acquires Motell Alleberg AB in Falkoping.Says purchase price will be paid in cash.Says purchase consideration will remain undisclosed.Says transfer to Rasta Group will take place on Mar. 17.Says Motell Alleberg AB comprises a restaurant, store and motel, and has revenue of about 23 million Swedish crowns.