Darden Restaurants Completes Acquisition of Chuy's Holdings, Inc. to Expand Restaurant Portfolio
Acquiring Company
Darden Restaurants
Acquired Company
Chuy's Restaurants
OrlandoAustinFood and BeverageHospitalityFood and BeverageFood And BeverageDescription
Darden Restaurants, Inc. has successfully completed the acquisition of Chuy's Holdings, Inc. in an all-cash transaction valued at approximately $605 million. With this acquisition, Darden expands its portfolio of differentiated restaurant brands, further strengthening its position in the market.
Quick answer
Darden Restaurants is acquiring Chuy's Restaurants, announced October 11, 2024. Darden Restaurants is based in Orlando, Florida, United States.
- How much did Darden Restaurants pay for Chuy's Restaurants?
- The deal value was not disclosed.
- What does Darden Restaurants do?
- Darden Restaurants, Inc. is a leading restaurant operating company specializing in casual and fine dining.
- Where are Darden Restaurants and Chuy's Restaurants based?
- Darden Restaurants is based in Orlando, Florida, United States. Chuy's Restaurants is based in Austin, Texas, United States.
- Who are the decision-makers at Darden Restaurants?
- Fundz holds 1 contact at Darden Restaurants. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Chuy's Restaurants?
Chuy's Restaurants was acquired by Darden Restaurants, based in Orlando. The deal was reported on October 11, 2024. Darden Restaurants, Inc. is a leading restaurant operating company specializing in casual and fine dining. Darden Restaurants is publicly traded (DRI) and operates in Food and Beverage.
When did Darden Restaurants acquire Chuy's Restaurants?
Darden Restaurants's acquisition of Chuy's Restaurants was reported on October 11, 2024. Darden Restaurants, Inc. has successfully completed the acquisition of Chuy's Holdings, Inc. in an all-cash transaction valued at approximately $605 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Chuy's Restaurants do?
Founded in 1982 in Austin, Texas, Chuy's serves authentic Tex-Mex food in an eclectic atmosphere full of color and personality. It is privately held, operating in Food and Beverage, and is based in Austin.
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