AmRest Holdings SE completed the acquisition of 2 Pizza Hut equity restaurants from Pizza Hut Delivery Germany GmbH.
July 30, 2017
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AmRest Holdings SE (WSE:EAT) signed binding heads of terms to acquire 2 Pizza Hut equity restaurants from Pizza Hut Delivery Germany GmbH on March 27, 2017. The purchase price will depend on the outcome of the planned due diligence. Transaction is subject to conclusion of purchase agreement and international franchise agreement. If purchase agreement is not signed by May 30, 2017 heads of terms will terminate immediately, unless otherwise agreed by both parties in written. As of May 30, 2017 AmRest Holdings SE signed amendments to binding heads of terms with Pizza Hut Delivery Germany GmbH, according to amendments purchase agreement will be executed to July 31, 2017. Joana Johannsen, Patrycja Pruchnicka acted as in-house legal advisors for AmRest. Till Buschmann, Stephan Krampe, Tina Siebenhaar, Katharina von Rosenstiel, Theresia Blath, Michaela Penkalla of Berwin Leighton Paisner acted as legal advisors, Marion Frotscher, Lukas Vienenkötter, Swetlana Massold of Warth & Klein Grant Thornton acted as accountant for AmRest. Lucy Paul acted as in-house legal advisor, Volker Heidbüchel, Tanja Weber, Sepp Wohlfarter, Laura Sparschuh of Squire Patton Boggs acted as legal advisors, Deloitte acted as tax due diligence advisor, Christiane Mühe of Gerns & Partner acted as notary for Pizza Hut Delivery Germany.
AmRest Holdings SE (WSE:EAT) completed the acquisition of 2 Pizza Hut equity restaurants from Pizza Hut Delivery Germany GmbH for €1 on July 31, 2017. AmRest Holdings signed an asset purchase agreement to acquire 2 Pizza Hut equity restaurants from Pizza Hut Delivery Germany on July 31, 2017.
Amrest Holdings SE is a Spain-based company active in the restaurants and bars sector. The Companyâs core activity is operating Kentucky Fried Chicken (KFC), Pizza Hut, Burger King and Starbucks restaurants through its subsidiaries in Poland, the Czech Republic, Hungary, the Russian Federation, Serbia, Croatia, Bulgaria, Spain and France, on the basis of franchises granted, and Applebeeâs in the United States. Additionally, in Spain and France the Company operates its own brands La Tagiatella, Trastevere and il Pastificcio. It also operates PizzaPortal.pl, an online portal for ordering food from various restaurants. The Company operates through subsidiaries, such as AmRest Sp z o o, AmRest sro, AmRest doo, AmRest Adria doo, Blue Horizon Hospitality Group PTE, AmRest TAG SL, SC Marinopoulos Coffee Company III Srl and Marinopoulos Coffee Company Bulgaria EOOD, among others.