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CAVA Announces Completion of Zoës Kitchen Acquisition
The combined company will have more than 8,000 team members across 24 states
CAVA Group Inc., a privately held and fast growing Mediterranean culinary brand, today announced that it has completed its acquisition of Zoe's Kitchen, Inc., (NYSE: ZOES) and that Thursday, November 22nd will be the first day of operations for the combined company.
Zoës Kitchen shareholders received $12.75 per share in an all-cash transaction valued at approximately $300 million, as was originally announced on August 16, 2018. The acquisition will bring Zoës Kitchen into the private market...
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