The ONE Group Hospitality to Acquire Benihana Owner in a $365M Deal

Tuesday, 26 March 2024, 20:25

The ONE Group Hospitality has announced its plan to acquire Benihana, a reputed owner of highly differentiated experiential brands, in a deal worth $365 million. This strategic move is aimed at expanding The ONE Group Hospitality's market presence and strengthening its brand portfolio. The acquisition is poised to bring significant synergy and growth opportunities for both companies, enhancing their competitive edge in the hospitality industry.

https://store.livarava.com/11fcda3f-ebb1-11ee-aec2-63fd8ea994ba.jpg — The ONE Group Hospitality to Acquire Benihana Owner in a $365M Deal

The ONE Group Hospitality's Acquisition of Benihana Owner

The ONE Group Hospitality has disclosed its intention to acquire Benihana, a well-known owner of experiential brands, in a deal valued at $365 million.

Deal Highlights:

Acquisition Plan: The ONE Group Hospitality aims to expand its market presence by acquiring Benihana.
Strategic Value: The deal is expected to strengthen both companies' brand portfolios.
Growth Opportunities: The acquisition presents synergies and growth potential for The ONE Group Hospitality and Benihana.

This strategic acquisition is poised to boost the competitive position of both entities in the dynamic hospitality sector.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.