RB 70/2018 Completion of Sushi Shop acquisition
31-10-2018

With reference to the regulatory announcement RB 41/2018 dated July 25th, 2018 and RB 45/2018 dated July 27th, 201AmRest Holdings SE (“AmRest”, the “Company”) announces the completion (the “Completion”) on October 31st, 2018 of the Share Purchase Agreement (“SPA”) signed on July 27th, 2018 with Mr. Grégory Marciano, Naxicap Partners SA and remaining sellers (jointly “Sellers”) aimed at the acquisition by AmRest of 100% shares in Sushi Shop Group SAS (“Sushi Shop”).
As a result of the Completion AmRest became an owner of the leading European chain of Japanese cuisine restaurants comprising of 165 stores, of which about one third are restaurants run by franchisees.
Estimated purchase price for 100% shares in Sushi Shop at the day of Completion amounted to approx. EUR 164 million, with the Enterprise Value equal EUR 240 million. Additionally, an amount of up to EUR 10 million (earn-out) may be paid to the Sellers upon Sushi Shop reaching certain financial KPI’s for 2018.

All the approvals and conditions the Completion was contingent upon in accordance with the SPA have been obtained and fulfilled.

Legal act:
Art. 17 Sec. 1 of Regulation (EU) No 596/2014 of The European Parliament and of The Council of 16 April 2014 on market abuse (Market Abuse Regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC

Add widget
This widget is already in use...
Newsletter. Stay Informed.
This widget is already in use...
Number of restaurants AmRest network:
0
0
0
This widget is already in use...
Invest in AmRest:
Price of shares: dsdsdsd
This widget is already in use...
EBITDA 2018 Q4
49 321K EUR
This widget is already in use...
Q1 2019 AmRest Consolidated and Standalone Report
This widget is already in use...
Presentation - AmRest Q1 2019 Investor Teleconference
This widget is already in use...

09.05.2019

Press Release - AmRest Q1 2019 Financial Results
This widget is already in use...
Download AmRest Fact Sheet Download
This widget is already in use...
This widget is already in use...
This widget is already in use...
Upcoming events See the calendar
  1. You can choose widgets and their location by dragg and drop them to this area.

    You can place three widgets here, from which you plan to use most often.

    Next tip
  2. You can choose widgets and their location by dragg and drop them to this area.

    Here you can put up three more widgets.

    Next tip
  3. Click the button below to see what widgets have prepared for you.

    Drag the widget you are interested to one of the previously mentioned areas (under the side menu or at the bottom of the site).

    We wish you a pleasant use of the site!

    Close tips