by Yuki Yu | Oct 18, 2026 | City, Press
What’s the deal? Chubby Cattle Group is acquiring all 47 Gen Korean BBQ restaurants from GEN Restaurant Group for $100 million. The deal, first announced in August, moves GEN out of the foodservice business and into a retail-only, consumer packaged goods (CPG)... 
by Yuki Yu | Oct 17, 2026 | blog, Press
Genk (The Brussels Morning Newspaper) October 14, 2026 – GEN Restaurant Group has signed a binding letter of intent with Chubby Group for a $100 million transaction covering operations at 47 US restaurants. The company’s board unanimously approved the agreement as the... 
by Yuki Yu | Oct 17, 2026 | blog, Press
GEN Restaurant Group, Inc. (Nasdaq: GENK) has signed a binding letter of intent to sell operations at 47 U.S. restaurants to Chubby Group for $100 million, according to a company statement. The board approved the transaction by unanimous consent, with both parties... 
by Yuki Yu | Oct 17, 2026 | blog, Press
GEN Restaurant Group, Inc. (NASDAQ: GENK) has signed a binding letter of intent to sell operations at 47 U.S. restaurants to Chubby Group for $100 million, as the company shifts its focus toward its Korean consumer-packaged goods (CPG) business. GEN’s Board of... 
by Yuki Yu | Oct 17, 2026 | blog, Press
A restaurant group has officially sold 47 Korean BBQ locations for $100 million. GEN Restaurant Group, which also is involved in consumer-packaged goods, announced the deal to sell the GEN Korean BBQ locations to Chubby Group on Wednesday. The transaction includes a...