Chopstix restaurant chain acquired by QSRP

European quick-service restaurant platform QSRP has acquired a majority stake in the UK’s rapidly expanding pan-Asian noodle chain Chopstix.

The deal is expected to accelerate the growth of both brands across the UK and Europe.

Chopstix was founded in 2002 and operates over 150 quick-service locations across the UK, Ireland and Romania.

QSRP launched in 2014 and operates in seven countries with a portfolio of over 1,240 restaurants. It owns brands including French taco group O’Tacos and seafood chain Nordsee and is the master franchisee of Burger King in Italy, Belgium and Luxembourg.

QSRP said it invested in Chopstix to strengthen its profile in the UK and widen its portfolio to different cuisine.

Chopstix is now seeking to broaden its European footprint while investing in its digital and delivery business.

Alessandro Preda, group chief executive at QSRP, said: “Chopstix has demonstrated exceptional growth and a strong consumer following in the UK market.

"This investment is a testament to our confidence in Chopstix’s potential to become a leading QSR player across Europe. Together, we will work to elevate the Chopstix brand and bring its delicious and convenient offerings to a wider audience.”

The deal involved representation from Jefferies International, KPMG LLP, Fladgate LLP, Ernst & Young and Jones Day.

Image: Shutterstock/Radu Bercan