A transaction of 9 billion dollars is rather rare! But lo and behold, a deal of this value was struck recently for the purchase of Subway and we'll give you the details below. Also, Pacini wants to establish itself in Rivière-du-Loup and mushrooms, as well as all forest edibles, will once again be honored in Mauricie.
First, the American sandwich chain Subway was acquired by Roark Capital, an investment company, for an official undisclosed sum, marking a major step in the transformation of Subway.
Candidate bids for Subway exceed $9 billion, with Roark Capital offering around $9.6 billion, which would be the third-largest acquisition in the U.S. restaurant business. Roark Capital, behind Inspire Brands (Arby's, Dunkin', Baskin-Robbins, etc.), is leading this acquisition.
Subway has more than 37,000 franchised restaurants in more than 100 countries, including more than 20,000 in the United States. The Subway chain was created in 1965 by Fred DeLuca and has been run since 2019 by John Chidsey, the first boss not to belong to the families of the founders.
Second, The Italian restaurant Pacini is looking for an entrepreneur to open a franchise in Rivière-du-Loup. The parent company even offers financial support and personalized support to the future franchisee. The Pacini chain, well known for its toasting bread bar, currently has 20 restaurants in Quebec, with only one located in Eastern Quebec, in Rimouski.
Finally, the MYCO 2023 festival will highlight forest edibles and agri-food products from the Mauricie region. A menu based on mushrooms, spices, nuts and berries from the Mauritian forests will even be offered at the ITHQ restaurant in Montreal from September 19 to 23.
Picking initiation excursions, led by mycologist guides, will take place from September 1 to October 8. The forest gastronomy meeting will take place from September 29 to October 9 with the participation of twenty restaurants, whose menus will be announced in September. MYCO 2023 will organize two competitions, including the Trilogy of Mycological Tapas and the 5 à Cèpe!, as well as a hunting widows table and a forest market.
This event aims to celebrate forest gastronomy and local products from the region.
