Yoshinoya Acquires Majority Stake in Kizuki Ramen for $28.7 Million
Yoshinoya Holdings, a Japanese restaurant company, has agreed to acquire a 70% stake in U.S.-based ramen chain Kizuki International LLC through its subsidiary Yoshinoya US Holdings for $28.7 million. The deal includes potential earn-out payments and is expected to bolster Yoshinoya's long-term strategy of becoming the world’s largest ramen provider by servings by 2034.