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Latest Zensho America Corporation News

Pcdata USA Reports on Acquisition of Restaurants Impacts Distribution Center in Picking Perfection

Apr 25, 2015

East Granby, CT, April 25, 2015 --( PR.com )-- Sponsored by Pcdata USA, this week’s Picking Perfection shared by Lisa Jennings for Nation's Restaurant News information that Zensho America Corp. is to divest Coco's Bakery Restaurant, Carrows brands reported. Catalina Restaurant Group Inc., parent to the Coco's Bakery Restaurant and Carrows Restaurants family-dining chains, has been acquired by an affiliate of Food Management Partners, or FMP, the company said recently. Carlsbad, CA-based Catalina, which operates 149 restaurants across the two brands, has been owned for the past nine years by Zensho America Corp., a subsidiary of Zensho Holdings Co. Ltd., a Japan -based multi-concept operator with more than 4,000 restaurants around the world, including the beef-bowl chain Sukiya. Zensho bought the group in 2006. “After nearly a decade shepherding the Coco’s and Carrows brands, we are pleased to have found the right owner to begin the next chapter in the CRG story,” said Yasunori Hiraguchi, president of Zensho America. “FMP brings the mix of talent, experience and vision needed to lead the growth of these businesses. We are confident Coco’s and Carrows will thrive under FMP’s leadership.” As the food manufacturing facilities for these operations undergo the transition of new ownership the assurance of accurate shipping of staple products to each restaurant facility is critical. To read the entire newsletter, go to: http://www.pcdatausa.com/about-us/contacts-us Picking Perfection brings important and interesting information to those in the material handling, warehousing, distribution, and manufacturing sectors. From best practices to industry data, this weekly communique reports on trend data, process improvement, and technology evaluations about picking, packing, shipping and profitability. Subscribe to Picking Perfection: http://bit.ly/W3oHOs About Pcdata USA Pcdata USA’s Pick-to-light systems are part of a lean process, offering shorter throughput, fewer errors, and significant cost savings; the results: increase customer satisfaction, increase ability to supply products, and process transparency. Traditional picking methods are one of highest expenses when operating a warehouse. Pcdata USA lowers that cost through leading edge Pick-to-light systems. Unlike implementation products, the easy installation solution is resulting in huge product growth throughout North America. Pcdata USA is a global logistics systems leader for supply chain automation. Pcdata USA was recently named a Finalist for the 2015 MHI Innovation Award for Best New Product: Smart Glass AR (Augmented Reality). Pcdata USA was also recently recognized with the 2014 Best of East Granby Award in the Professional Services category by the East Granby Award Program. Pcdata USA offers affordable out-of-the-box warehouse optimization solutions. Contact Pcdata USA at (855) 844-1086. Follow Pcdata USA on Twitter @pcdatausa. Pcdata USA

Zensho America Corporation Acquisitions

1 Acquisition

Zensho America Corporation acquired 1 company. Their latest acquisition was Catalina Restaurant Group on May 11, 2006.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/11/2006

$99M

Acquired

Date

5/11/2006

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

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