Restaurant Brands International Inc. and Firehouse Restaurant Group Inc. announced that they have reached an agreement for RBI to acquire Firehouse Subs for $1.0 billion in an all-cash transaction.
Hearthside Food Solutions, LLC has announced the signing of a definitive agreement to acquire the assets of the Cookies, Crackers, Cones, and Wafers Division of Weston Foods, which includes six North American bakery facilities (including one in Canada).
FAT (Fresh. Authentic. Tasty.) Brands Inc. announced that it has agreed to acquire Fazoli’s, an Italian chain known for its freshly prepared pasta, Submarinos sandwiches, and unlimited signature breadsticks, for $130 million from funds under management by Sentinel Capital Partners.
NexPhase Capital, LP has announced the sale of Popcornopolis LLC to Barcel USA, the U.S. snack division of Grupo Bimbo S.A.B. de C.V. and manufacturer of snack brand Takis.