Verlinvest SA Acquires 20% Stake In Everstone Owned Cuisine Asia
by Irfan Khan
Verlinvest SA, a fund created by the three founding families of beer conglomerate Anheuser-Busch InBev has acquired 20% stake in Cuisine Asia, a Mauritius-based holding company of Everstone Capital's restaurant investments, which includes Blue Foods with brands like Noodle Bar, Bombay Blue and Copper Chimney.
Everstone invested $20Mn in JS Hospitality Services for a 45% stake in December last year. This investment wase made through Cuisine Asia. JS Hospitality owns Park Balluchi and Pind Balluchi brands in NCR.