Total revenue for Delaware North with the addition of Patina Restaurant Group is expected to be in excess of $3 billion in 2014. The addition of Patina Restaurant Group will bring the total number of employees of Delaware North to nearly 60,000. “CEO Nick Valenti and founder/chef Joachim Splichal have built an exceptional company focused on culinary excellence and outstanding service that we are proud to add to Delaware North’s world-class portfolio.” “Patina Restaurant Group is one of the most respected restaurant companies in North America, with an unequaled group of world-class venues and restaurant locations,” said Jeremy Jacobs Jr., principal, Delaware North Companies. Shidax will continue to own a minority interest in Patina Restaurant Group. Patina Restaurant Group was previously majority owned by Shidax Corporation, a publicly traded, Japanese foodservice company (JASDAQ: 4837). Patina Restaurant Group is a leader in the premium segment of the restaurant and catering industry and operates restaurants and manages catering and food service operations at high-profile venues in New York, California and Orlando. The global hospitality management firm closed on its acquisition of a majority interest in Patina Restaurant Group last Friday.
