FAT Brands Acquires Yalla Mediterranean
Rapidly Growing West Coast Franchisor Expands with Acquisition of Authentic Mediterranean Cuisine Chain
FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) completed the acquisition of Yalla Mediterranean, a Los Angeles-based chain specializing in authentic, healthful Mediterranean cuisine and environmentally-friendly operations. With the acquisition of Yalla Mediterranean, FAT Brands franchises more than 300 restaurants worldwide and has over 300 additional restaurants under development in 32 countries, with annual system-wide sales greater than $300 million.
Founded in 2014, Yalla Mediterranean serves authentic cuisine prepared fresh daily with farm-friendly, GMO-free local ingredients from a menu that includes vegetarian, vegan, gluten-free and dairy-free options to accommodate customers with a wide variety of dining needs and preferences ...
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