#Latest news with #ColowideMDNikkei Asia13-05-2025BusinessNikkei AsiaGyu-Kaku barbecue chain owner to buy Aussie steakhouse operatorTOKYO -- Japanese food service company Colowide will acquire all shares of Australian steakhouse operator Seagrass Holdco, the group said Tuesday, providing a more stable supply of beef for its various restaurant brands. Food processing subsidiary Colowide MD entered into a transfer agreement with individual shareholders and investment funds as of Tuesday and will purchase the shares in early June, making Seagrass a wholly owned subsidiary.
Nikkei Asia13-05-2025BusinessNikkei AsiaGyu-Kaku barbecue chain owner to buy Aussie steakhouse operatorTOKYO -- Japanese food service company Colowide will acquire all shares of Australian steakhouse operator Seagrass Holdco, the group said Tuesday, providing a more stable supply of beef for its various restaurant brands. Food processing subsidiary Colowide MD entered into a transfer agreement with individual shareholders and investment funds as of Tuesday and will purchase the shares in early June, making Seagrass a wholly owned subsidiary.