25 mergers and acquisitions within and around the restaurant industry by 2021
The year 2021 was another busy year for restaurant industry mergers. There were still weeks left to go, from Capriotti's Sandwich Shop purchasing Wing Zone in January to Jack in the Box buying Del Taco in December.
NPC International's bankruptcy in summer 2020 was one year ago. This led to the 2021 Q1 sales of Wendy's Pizza Hut units and Flynn Restaurant Group, Wendy's parent company, and Delight Restaurant Group.
Fat Brands made the biggest moves in 2018, after acquiring four restaurant chains in 2021.
Squarespace purchased reservations platform Tock from Restaurant Technology, in March. Sweetgreen bought Spyce in August.
Multiconcept operator JAB Holding Co. brought together its early daypart brands under one roof in August. This was the biggest transaction of the year. Panera Brands announced that it will be returning to the public market in November. Restaurant Brands International also announced that it would include Firehouse Subs in its portfolio.
Click through the gallery for more information on these 2021-related acquisitions.
Key Issues for Foodservice Operators in 2022
Many of the problems that plagued last year's new year continue to haunt operators as they start a new year.
Register now for the webinar to get insight from experts and operators about your 2022 goals. More information:
- How to ensure your supply chain is in order and provide the best customer service
- How can you combat rising costs and prices?
- What culinary innovations can you make to lower supply chain costs?
- How can you capitalize on the demand to deliver and to-go
Learn more about https://therestaurantzone.com/.