Recipe Unlimited Corporation, part of Fairfax Financial Holdings Limited, agreed to acquire 100% of Evergood from CVC-backed Vivartia. The amount of the transaction was not disclosed.
The acquisition brings Evergood's Greek foodservice brands, which include Goodys, Everest, Flocafé, La Pasteria, and Jackaroo, under an international restaurant group. The source noted that international buyers are seeking established platforms, experienced management teams, and opportunities to accelerate growth, rather than solely strong local brands.
EY-Parthenon Greece provided financial and tax advisory services to Recipe Unlimited.