LANCH GmbH acquires the locations of the fast-casual franchise 'Tastyy,' aiming to enhance its market reach and operational efficiency through innovative business models.
Information on the Target
The Genc Fast Casual Systemgastronomie GmbH, operating under the brand "Tastyy", is a fast-casual dining concept founded in 2022 that focuses on Döner, bowls, and similar snacks. The company emphasizes quality and sustainability by utilizing fresh, regional ingredients and environmentally friendly packaging. Initially, it served its creative fast-food offerings at four locations.
However, in May 2024, the management of Genc Fast Casual Systemgastronomie GmbH filed for insolvency under self-administration at the Coesfeld District Court. Attorney Dr. Mike Westkamp from GÖRG Partnerschaft von Rechtsanwälten mbB was appointed as the provisional supervisor.
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Industry Overview in Germany
The fast-casual dining sector in Germany has been experiencing significant growth, driven by increasing consumer demand for high-quality, convenient food options. This i
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LANCH GmbH
invested in
Genc Fast Casual Systemgastronomie GmbH
in 2024
in a Management Buyout / Buy-In (MBO) deal