RESTAURANTS
Central paying B720m for Ootoya Japanese chain
- Published: 29/07/2011 at 08:30 AM
- Newspaper section: Business
Central Restaurants Group (CRG) has taken over the Ootoya Japanese restaurant chain in Thailand to strengthen its food business.The move is part of a strategy to lift sales of CRG to 15 billion baht within five years, from 7 billion expected this year.
Showing off menu items, from left: Thiradej Chirathivat, CEO of Central Restaurants Group; Suthichai Chirathivat, Central Group executive chairman; Suthikiati Chirathivat, board chairman of Central Plaza Hotel; and Hisami Mitsumori, president of Ootoya Holdings.
The company paid 720 million baht to acquire 100% of Betagro Ootoya (Thailand), a joint venture between Ootoya Holdings of Japan and Betagro Group, one of Thailand's largest pork and chicken producers and exporters.
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About the author
- Writer: Pitsinee Jitpleecheep
- Position: Business Reporter
