Home » Markets » FAT Brands CEO: 'Digesting' 9 restaurants in 2022, adds Nestlé Toll House Café to its menu
FAT Brands CEO: 'Digesting' 9 restaurants in 2022, adds Nestlé Toll House Café to its menu
CEO: FAT Brands ‘digesting’ new restaurants in 2022
FAT Brands CEO Andy Wiederhorn says the company is focused on ‘swallowing and digesting’ its more than nine new restaurant acquisitions in the past year.
Johnny Rockets, Twin Peaks, Round Table Pizza, Fazoli’s – and now – Nestlé Toll House Café.
FAT Brands has embarked on a restaurant acquisition spree over the past year, adding nine new brands to its dossier, and this week, the iconic cookie stores.
"This business has grown by 600% over the last year and a half, really during the pandemic, starting with Johnny Rockets," CEO Andy Wiederhorn told FOX Business’ Maria Bartiromo Thursday ahead of the deal.
"This year, 2022, is really just about integration and swallowing and digesting everything that we acquired last year," he continued, "but we're growing like crazy."
NESTLÉ TOLL HOUSE CAFÉ FRANCHISE TO GET NEW OWNER THROUGH ACQUISITION DEAL
On "Mornings with Maria," Wiederhorn detailed the company’s plan to transform Nestlé’s nearly 85 stores into "Great American Cookies" locations.