Swiss Chalet owners Cara buying St-Hubert for $537M

The Quebec-based St-Hubert restaurant business has agreed to be acquired by the owner of the Swiss Chalet chain for $537 million. In addition to 117 restaurants, Cara Operations Ltd. will acquire two food manufacturing plants, two distribution centres and a real estate portfolio. Cara says St-Hubert will fit strategically with its business, which includes numerous… Read more »