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New Deal


Announced

Foodtastic to acquire Noodlebox.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Australia

restaurant chain

Cross Border

Acquisition

Majority

Pending

Restaurants and Bars

Private

Friendly

Single Bidder

Synopsis

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Foodtastic, a franchisor of restaurant brands in Canada, agreed to acquire Noodlebox, a Quick Service Restaurant brand. Financial terms were not disclosed. "We are delighted to welcome Noodlebox into the Foodtastic family. Noodlebox's reputation as a top-tier Quick Service Restaurant brand aligns perfectly with our commitment to providing exceptional dining experiences to our customers. We look forward to working closely with all our new franchisees and driving the growth of the Noodlebox brand across Canada," Peter Mammas, Foodtastic President and CEO.

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