East Granby, CT -- (SBWIRE) -- 04/23/2015 -- Sponsored by Pcdata USA, this week's Picking Perfection shared by Lisa Jennings for Nation's Restaurant News information that Zensho America Corp. is to divest Coco's Bakery Restaurant, Carrows brands reported. Catalina Restaurant Group Inc., parent to the Coco's Bakery Restaurant and Carrows Restaurants family-dining chains, has been acquired by an affiliate of Food Management Partners, or FMP, the company said recently.
Carlsbad, CA-based Catalina, which operates 149 restaurants across the two brands, has been owned for the past nine years by Zensho America Corp., a subsidiary of Zensho Holdings Co. Ltd., a Japan-based multi-concept operator with more than 4,000 restaurants around the world, including the beef-bowl chain Sukiya. Zensho bought the group in 2006.
"After nearly a decade shepherding the Coco's and Carrows brands, we are pleased to have found the right owner to begin the next chapter in the CRG story," said Yasunori Hiraguchi, president of Zensho America. "FMP brings the mix of talent, experience and vision needed to lead the growth of these businesses. We are confident Coco's and Carrows will thrive under FMP's leadership." As the food manufacturing facilities for these operations undergo the transition of new ownership the assurance of accurate shipping of staple products to each restaurant facility is critical.
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