Acquiring Company
Darden Restaurants
Acquired Company
Hospitality Group
Description
Darden Restaurants, Inc. ("Darden") (NYSE: DRI), announced today that it has completed its acquisition of Ruth's Hospitality Group, Inc. ("Ruth's"). The Ruth's Chris Steak House brand now joins and complements Darden's portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Yard House, Cheddar's Scratch Kitchen, The Capital Grille, Seasons 52, Eddie V's and Bahama Breeze.
Quick answer
Darden Restaurants is acquiring Hospitality Group, announced June 14, 2023. Darden Restaurants is based in Orlando, Florida, United States.
- How much did Darden Restaurants pay for Hospitality Group?
- 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 Hospitality Group based?
- Darden Restaurants is based in Orlando, Florida, United States. Hospitality Group is based in Netherlands.
- 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.
Other recent acquisitions in Food and Beverage and Hospitality
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Darden Restaurants To Acquire Ruth'S Hospitality Group In $715 Million Transaction, $715M (May 3, 2023)
- E. & J. Gallo Winery Acquires Bev, A Woman-Founded Beverage Brand Known For Breaking Down Barriers And Building People Up (June 1, 2023)
- Vici Properties Inc. Completes Acquisition Of Rocky Gap Casino Resort (July 25, 2023)
- Us Foods Completes Acquisition Of Renzi Foodservice (July 7, 2023)
- Del Sol Food Company Acquires John Wm. Macy'S Bakery (June 7, 2023)
- Southpaw Acquires Portfolio Of Nearly 40 Taco Bell Locations In Greater Atlanta Market (June 7, 2023)
Who to call at Darden Restaurants, and when
When Darden Restaurants changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Darden Restaurants raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Darden Restaurants, from your own LinkedIn network
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Frequently asked
Who acquired Hospitality Group?
Hospitality Group was acquired by Darden Restaurants, based in Orlando. The deal was reported on June 14, 2023. 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 Hospitality Group?
Darden Restaurants's acquisition of Hospitality Group was reported on June 14, 2023. Darden Restaurants, Inc. ("Darden") (NYSE: DRI), announced today that it has completed its acquisition of Ruth's Hospitality Group, Inc. ("Ruth's"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hospitality Group do?
Creating better places is onze missie om aantrekkelijke en excellent georganiseerde omgevingen voor werken, leren, vrije tijd en zorg te realiseren. Met aandacht voor mens, milieu en materialen. It is privately held, and is based in Netherlands.
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