
FRANCE - Abénex et al complete EUR 329m Buffalo Grill acquisition
Abénext Capital, iXEN and NI Partners have finalised their secondary buyout of Buffalo Grill from Colony Capital, in a deal that values the restaurant chain at EUR 329m.
Buffalo Grill was established in 1980, when its first beef restaurant opened in Avrainville, in the south of Paris. Rapid growth followed, with branches opening up in Spain, Belgium, Switzerland and Luxembourg. The company currently has over 300 restaurants around Europe and generated a turnover of around EUR 350m in 2007.
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