The Japanese restaurant chain COLOWIDE, which owns several well-known food and beverage brands in Hong Kong, carried out a hostile merger and acquisition of restaurant chain Otoya in September, which was the first successful hostile acquisition in the Japanese restaurant industry during the epidemic.
Recently, many leading Hong Kong-style catering brands have also fallen into a wave of closure. Many listed catering groups have continued to slump in their share prices in response to market conditions. It is believed that the industry will inevitably use hostile acquisitions or benevolent acquisitions to eliminate the weak, just like the survival of the fittest.
Read full text: