Who currently owns Red Lobster?
Golden Gate Capital became Red Lobster’s parent company when it was acquired from Darden Restaurants on July 28, 2014. Seafood supplier Thai Union acquired a 25 percent stake in the company in 2016 for a reported $575 million, and in 2020 purchased the remaining portion from GGC.
Are Olive Garden and Red Lobster owned by the same company?
Darden is headquartered in Orlando, Florida. Through subsidiaries, the company owns or operates over 1,700 restaurants including Olive Garden, Red Lobster, Bahama Breeze, Longhorn Steakhouse, The Capital Grill, and Seasons 52.
Is Red Lobster still owned by Darden?
Darden Completes Sale Of Red Lobster To Golden Gate Capital.
Is Red Lobster owned by Golden Gate Capital?
Golden Gate Capital sold its remaining equity stake in Red Lobster to existing investor Thai Union Group, a group of investors under the banner Seafood Alliance consisting of global restaurateurs and hospitality executives, and Red Lobster management, according to a press release.
Does Thai Union Own Red Lobster?
Orlando-based Red Lobster acquired by Thai Union and other investors. Red Lobster stakeholder Thai Union and a group of investors have acquired the rest of the Orlando-based restaurant chain from the private equity firm that bought it in 2014.
Is Red Lobster under new ownership?
The new owners are seafood supplier Thai Union PCL, which has been a Red Lobster shareholder since 2016 and trades on the Stock Exchange of Thailand under the TUI ticker, current Red Lobster management and a new company called Seafood Alliance with key shareholders Paul Kenny and Rit Thirakomen.
Who owns Outback?
Bloomin’ BrandsOutback Steakhouse / Parent organization
Is Texas Roadhouse a Darden company?
Darden Restaurants has a neutral social sentiment, when analyzing social media channels and online mentions. Their current market cap is $18.85B. Texas Roadhouse’s brand is ranked #439 in the list of Global Top 1000 Brands, as rated by customers of Texas Roadhouse….Darden Restaurants vs Texas Roadhouse.
| 63% | Promoters |
|---|---|
| 14% | Passive |
| 23% | Detractors |
Is Texas Roadhouse a Darden?
Results were generated by 133 employees and customers of Darden Restaurants and 418 employees and customers of Texas Roadhouse. Darden Restaurants’s brand is ranked #342 in the list of Global Top 1000 Brands, as rated by customers of Darden Restaurants….Darden Restaurants vs Texas Roadhouse.
| 63% | Promoters |
|---|---|
| 23% | Detractors |
Is Carrabba’s Darden?
Carrabba’s, owned by Bloomin’ Brands, and Olive Garden, owned by Darden Restaurants, seem in a race to reinvent themselves.
Who owns Olive Garden now?
Darden RestaurantsOlive Garden / Parent organization
Is Red Lobster a publicly traded company?
Darden originally planned to spin-off the seafood restaurant chain as a separate publicly traded company before deciding to sell Red Lobster to Golden Gate. The sale is not subject to shareholder approval, Darden said.
What restaurants are affiliated with Red Lobster?
Olive Garden
Who bought Red Lobster from Darden Restaurants?
On May 16, 2014, Darden announced it would be selling the Red Lobster seafood restaurant chain to Golden Gate Capital for US$2.1 billion. Darden announced the completion of the sale of Red Lobster on July 28, 2014.
Who is red lobster owned by?
Incorporated by Darden Restaurants, Inc., Darden Restaurants offers its products in more than 200 locations throughout the United States and Canada. Headquartered in Orlando, Florida, it operates multiple brands of restaurants. Red Lobster was owned by Darden until July 28, 2014.
Who is the current CEO of Red Lobster?
Red Lobster revealed Thursday that Black Box Intelligence leader Kelli Valade will serve as its next CEO. Valade’s tenure will begin August 2. The move comes less than a week after the chain announced current CEO Kim Lopdrup will be retiring. She has served as Black Box’s president and CEO since 2019.