Foodservice DECODED
Previous edition: 09 May 2024
Share article
Get the full version straight to your inbox.
Exclusive access to our best-in-class data & intelligence
Subscribe now
Craveworthy acquires Untamed Brands in US
US hospitality company Craveworthy Brands has concluded the acquisition of multi-brand fast-casual operator Untamed Brands for an undisclosed amount.
Untamed Brands owns taim, Mediterranean Kitchen and Hot Chicken Takeover (HCT).
taim is a New York City-based Mediterranean concept founded by Einat Admony in 2005, known for pitas, bowls, salads and mezze made using market-fresh produce.
The brand operates 13 restaurants across New York and Washington DC.
In late 2021, Untamed Brands acquired HCT, a Columbus-based concept serving Nashville-style hot chicken and Southern sides.
Founded in 2014 by Joe DeLoss, HCT operates seven restaurants in Central Ohio and two stadium locations in Columbus.
The acquisition strengthens Craveworthy's presence in the healthy Mediterranean and popular chicken segments.
Craveworthy plans to integrate taim with Soom Soom, a Mediterranean concept it partnered with C3 to franchise in 2023.
HCT will serve as the foundation for a new hot chicken concept in collaboration with Craveworthy's Budlong.
Both taim and HCT will undergo rebranding, restaurant design refreshes and an enhanced focus on the guest dining experience.
This month, Craveworthy Brands acquired the Sigri Indian BBQ restaurant brand for an undisclosed sum.
Sigri Indian BBQ was established by Jagat Parikh and features the culinary expertise of Aarthi Sampath.
The brand is known for its diverse menu, including prepared meats, vegetables and freshly baked naan, and operates in Newark and North Brunswick.
Latest news
Flame Broiler announces Dallas expansion with new franchise deal
Korean-inspired quick-service restaurant (QSR) franchise Flame Broiler has entered a multi-unit development agreement with seasoned franchisees in the Dallas area.
Riko's Pizza expands to Massachusetts with new Dartmouth location
American pizza franchise Riko's Pizza has broadened its footprint with the opening of its first Massachusetts location in Dartmouth.
Reborn Coffee partners with IAID to enter Chinese market
American café chain Reborn Coffee has announced a strategic expansion into the Chinese market through a master licence agreement with interior design consulting company IAID.
Popeyes debuts Golden BBQ Chicken Sandwich in US
American restaurant chain Popeyes has expanded its chicken sandwich offerings with the introduction of the new Golden BBQ Chicken Sandwich in the US.
Instacart links with Uber Eats for restaurant delivery
US grocery delivery services provider Instacart has formed a partnership with Uber Eats to offer restaurant delivery services through its app.
First Watch net income dips more than 23% in Q1 2024
US-based First Watch Restaurant Group has reported a net income of $7.2m for the first quarter (Q1) of 2024, down 23.4% from $9.4m in the same period of the previous year.
Dutch Bros swings to $16.2m profit in Q1 2024
American drive-through coffee chain Dutch Bros has reported a net income of $16.2m for the first quarter (Q1) of 2024 as against a net loss of $9.4m a year previously.
In our previous edition
Foodservice Decoded
Portillo's swings to profit in Q1 2024
08 May 2024
Foodservice Decoded
Americana Restaurants' net income shrinks to $28m in Q1 2024
07 May 2024
Foodservice Decoded
Saudi Arabia mandates restaurants to implement food tracking system
06 May 2024
Newsletters in other sectors
Aerospace, Defence & Security
Medical Devices
Travel and Tourism
Search companies, themes, reports, as well as actionable data & insights spanning 22 global industries
Access more premium companies when you subscribe to Explorer