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Vapiano Signs Agreement To Sell Vapiano Holding Usa Llc. To Plutos Sama Holdings, Inc.


Thursday, 3 Jan 2019 

Jan 3 (Reuters) - Vapiano SE ::VAPIANO SE SIGNS AGREEMENT TO SELL VAPIANO HOLDING USA LLC. TO PLUTOS SAMA HOLDINGS, INC..SIGNS AGREEMENT TO SELL VAPIANO HOLDING USA LLC. TO PLUTOS SAMA HOLDINGS, INC..PLUTOS SAMA ACQUIRES 100% OF SHARES OF VAPIANO HOLDING USA LLC. FOR A CASH CONSIDERATION OF 15 MILLION DOLLARS.TRANSACTION IS EXPECTED TO CLOSE IN Q1 OF 2019.TO OPEN 75 ADDITIONAL FRANCHISE RESTAURANTS FROM WHICH VAPIANO SE WILL RECEIVE ONE-TIME DEVELOPMENT FEES TOTALING FIVE MILLION DOLLARS. 

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18 Jul 2019