At the end of October, Ibersol concluded the acquisition of 100% of Eat Out Group (EOG) from Agrolimen.
The amount of operation has achieved 105 million euros considering that the companies are debt free.
EAT OUT COMPANY
Eat Out Group is one of the most important group of restaurants in Spain with more than 25 years of history with presence in Spain, Italy and Portugal.
Eat Out operates in the retail business with own brands such as Pans & Company, Ribs, Santa Maria or Frescco, and in the travel division where also operates, as franchisee, 13 other brands of third parties, with presence in 6 spanish airports and 3 railway stations of AVE.
The group ended 2015 with 321 restaurants , being 113 equity and 208 franchised, employing 2.181 and reached an Ebitda of 16.4 million euros.
EOG STRUCTURE
The Eat Out Group S.L.U.
50% 100% 100%
Dehesa de Santa Maria Franquicias, S.L.
Foodstation, S.L.U.
Pansfood, S.L.U.
100% 20%
Pansfood Italia, S.L.U.
Ibersande Restauração, S.A.
Ibersol SGPS SA published this content on 25 November 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 November 2016 11:08:54 UTC.
Original documenthttp://www.ibersol.pt/investidores/comunicados/2016/EOGNov2016ing.pdf
Public permalinkhttp://www.publicnow.com/view/7BCDAC62A15956622421E867CBBD16FB146FD3FB
Ibersol, SGPS, S.A. specializes in operating fast-food restaurant chains, primarily under the Pizza Hut, Pizza Movil, Kentucky Fried Chicken (KFC), Bocatta, Burger King, O Kilo, Pasta Caffé, Pans & Company, Café Sô names and Flor d'Oliveira.
At the end of 2022, the group operated 621 restaurants located mainly in Portugal (296), Spain (179) and Angola (10).
IBERSOL, SGPS, S.A. 
