TORIDOLL Holdings and Capdesia to acquire Fulham Shore for £93m.

TORIDOLL Holdings, a Japan-based company mainly engaged in the directly operated business and franchised restaurant business, and Capdesia, a private equity firm, agreed to acquire Fulham Shore, a United Kingdom-based company, which owns and operates restaurants, for £93m ($116m). "We are proud of the significant progress that Fulham Shore has made since it was founded in 2012. We are proud of our two brands, Franco Manca and The Real Greek, and the growth we have delivered for Fulham Shore. Whilst we remain excited about the prospects for the business on a standalone basis, we have been in discussions with both TORIDOLL and Capdesia and received a proposal that we believe is compelling for all of our stakeholders. We believe TORIDOLL and Capdesia's experience in successfully building restaurant businesses and their long-term vision for Fulham Shore, will enable Fulham Shore to fulfil its long-term potential," David Page, Fulham Shore Executive Chairman.