Darden Restaurants Completes Acquisition of Ruth’s Hospitality Group

by Katie Lee

Orlando, Fla. — Darden Restaurants, Inc. has completed its acquisition of Ruth’s Hospitality Group, Inc. The Ruth’s Chris Steak House brand now joins and complements Darden’s portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Yard House, Cheddar’s Scratch Kitchen, The Capital Grille, Seasons 52, Eddie V’s and Bahama Breeze.

Ruth’s Chris has 155 locations around the globe, including 81 company-owned or company-operated restaurants and 74 franchised restaurants.

The $715 million acquisition was completed on June 14, 2023. Following the consummation of the merger, Ruth’s became an indirect, wholly owned subsidiary of Darden.

For more information, please visit www.darden.com.

 

 

 

 

SOURCE: Darden Restaurants, Inc.

You may also like