This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the timing and ability of Crest Foods Inc. For more information on FAT Brands, please visit Forward Looking Statements The Company currently owns 17 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. Tasty.) BrandsįAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. To date, acquisitions have been a strong growth vehicle for FAT Brands, and we anticipate the combination of our production and distribution facility and scale to increase the profitability of the franchisees that are joining us in this acquisition.”įor more information on FAT Brands, visit Nestle ®, Toll House ®, Nescafe ®, Milano ®, Edy’s ® and associated logos and designs, are trademarks of Societe des Produits Nestle S.A., and used by Crest Foods, Inc. “These stores will fold seamlessly into our Quick-Service Division and provide us the opportunity to increase the capacity of our manufacturing business, a key growth objective. “In 2022 we are focused heavily on our deep organic growth pipeline, but we saw great value in making this accretive acquisition,” said FAT Brands CEO Andy Wiederhorn. This acquisition will add to FAT Brands’ Atlanta-based manufacturing facility, providing supply chain efficiencies and cost-savings, as well as increasing the scale that will result from increased manufacturing volume. The acquisition is expected to increase FAT Brands’ foothold as a leader in the dessert category within the cookie and ice cream spaces, joining its existing Great American Cookies and Marble Slab Creamery brands.Ĭrest Foods currently franchises approximately 85 Nestlé ® Toll House ® Café by Chip ® cafés across the U.S. and rebrand the stores as Great American Cookies. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) announced today that it has agreed to acquire the franchised chain of stores known as Nestlé ® Toll House ® Café by Chip ® from Crest Foods, Inc. LOS ANGELES, (GLOBE NEWSWIRE) - FAT (Fresh. Officials with Crest Foods tells News 4 they are still working on costs regarding memberships and will release those when they become available, but say Shipt offers a two-week trial, monthly and yearly memberships.Global Restaurant Franchising Company Shows Large Appetite for Dessert Category with Portfolio Addition
CREST FOODS MWC TRIAL
New-area Shipt members who sign up before October 25 will receive a two-week free trial and $15 off their first order. With the addition of same-day delivery, hundreds of thousands of households in the Oklahoma City metro area will have access to products delivered by Shipt from Crest Foods in as soon as one hour. OKLAHOMA CITY – Thanks to a partnership between Crest Foods and Shipt, you can now order online and have your items delivered to you – on the same day!Ĭrest Foods announced the partnership with Shipt, a leading, membership-based, same-day delivery marketplace, on Monday, which will expand the delivery of groceries and household essentials to Oklahoma City starting October 25. Please look at the time stamp on the story to see when it was last updated. This is an archived article and the information in the article may be outdated.
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