Global foodservice contractor Delaware North Companies has acquired a majority stake in multi-concept operator Patina Restaurant Group, creating a $3 billion brand. Terms of the deal, which closed Friday but was announced in February, were not disclosed. Buffalo, N.Y.-based Delaware North has taken a majority stake in the bicoastal Patina Restaurant Group, which is based in New York and Los Angeles. Majority ownership was held previously by Japan-based foodservice conglomerate Shidax ...
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Contact: Desiree Torres Desiree.Torres@penton.com