AmRest buys Sushi Shop for €240 mln
22:05
Restaurant operator AmRest signed an agreement to buy 100% of Sushi Shop Group for about €240 million. Under the agreement, €13 million will be paid in company shares to Grégory Marciano and Adrien de Schompré. An additional amount of up to €10 million (earn-out) will be paid if Sushi Shop achieves 2018 financial results specified in the contract.
In 2017 Sushi Shop preliminary consolidated revenue was about €130 million.