Gen Restaurant Group is getting out of the foodservice industry and selling all 47 Gen Korean restaurants in a $100 million transaction.
The deal was first announced in August, and the buyer has now been revealed to be Chubby Cattle Group, which owns and operates 70 locations of more than 25 Asian fine-dining, casual-dining, and fast-casual restaurant brands across the United States, including Chubby Cattle, NIKU X, Wagyu House, and The X Pot.