TrendFoods
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Founded in 2008, the TrendFoods Group is the result of the merger of China in Box and Gendai, two major brands of oriental cuisine
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It has a network of 143 China in Box units (all franchises) and 49 Gendai restaurants (9 own stores)
Transaction Rationale
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With the acquisition, Grupo Trigo leverages its portfolio of brands, with a complementary target audience and great delivery and digital channels penetration of China in Box
Grupo Trigo
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Founded in 1999, Grupo Trigo is a Brazilian holding company that controls the Gurumê, Koni Store, LeBonton and Spoleto chains, in addition to having already managed the Domino's chain in Brazil until 2018
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It has a network of more than 450 restaurants, in addition to a vertical operation with its own pasta and sauce factory and distribution