Amrest not resting but investing
Investment & financeschedule 02 August 2018
EUROPE Amrest has purchased the Sushi Shop restaurant chain, which operates in twelve European countries.
The company has also taken over Spanish/Australian restaurant chain Bacoa Burger and invested in Spanish online ordering platform Glovo. Amrest has announced that under the agreement, it will acquire a 100 pct stake in Sushi Shop for EUR 240 mln. An additional EUR 10 mln will be paid after Sushi Shop achieves certain financial goals for 2018. The transaction is expected to be finalised in the next few months.
“Amrest is gaining a new, unique category that will increase profitability and expa
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