Genki Global Dining Concepts to buy Australian sushi operator
Yahoo Finance·2026-02-16 11:37

Group 1 - Genki Global Dining Concepts is acquiring Food Odyssey, which operates approximately 180 Sushi Sushi restaurants in Australia [1][2] - The acquisition aims to position the overseas Japanese food and sushi market as a core part of Genki's medium- to long-term growth strategy, focusing on the maturation of the domestic market [2] - Genki Global Dining Concepts aspires to become one of the world's leading Japanese sushi brands in terms of store numbers and a top QSR brand [2][3] Group 2 - Genki Global Dining Concepts operates over 430 stores across 14 countries, including China, Hong Kong, Indonesia, Kuwait, the Philippines, and the US [3] - The CEO of Sushi Sushi, Stephen Anders, confirmed the sale and emphasized that it would support the brand's growth plans in Australia and internationally [3][4] - Anders highlighted the importance of a clear growth strategy, inspiring retail environments, and technology that enhances the customer journey for transforming retail outlets into a high-performing growth platform [4]