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Following the completion of the transaction, Kebab Cafe will be operated and managed under Papa Bello Enterprises umbrella.
The transaction is expected to close by October 31, 2009.
Deal Type Acquisition Sub-Category Asset Purchase Deal Status Completed: 2009-10-08
Deal Participants
Target (Company) Kebab Cafe Acquirer (Company) Papa Bello Enterprises, Inc.
Deal Rationale
The acquisition will expand Papa Bello Enterprises by diversifying and adding new concepts that are different from its core brand and exploring all logical expansion opportunities in the food service industry.
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