Take, for example, that Taneko Japanese Tavern restaurant was sold to Food, Friends & Co, while Mandarin Holdings LP acquired Chinese restaurant chain Leann Chin Inc. And it's not just Asian foods that are hot. There's also a growing appetite for Hispanic foods and restuarants. Overall, it's no surprise that ethnic food restuarants, and food suppliers, are in demand as the tastes of Americans have broadened.
For a closer examination of dealmaking in the ethnic food sector, see the article "M&A in ethnic food simmers" by The Deal's Taina Rosa and Dimitri Diakantonis. - Gerald Magpily
