FDF Brandz acquires Serruya-backed Famoso pizza chain

Canadian restaurant franchising company FDF Restaurant Brandz has acquired Famoso Neapolitan Pizzeria, a pizza chain with 30 locations in Alberta, British Columbia, Ontario and Saskatchewan. No financial terms were released. FDF Brandz, owner of Ricky's Group of Family Style Restaurants, said the deal increases its franchise restaurant locations to 175. It added that it plans to double the number of Famoso locations in Canada and to grow the brand globally over the next five years. Famoso, established in 2007, has been backed since 2012 by Serruya Private Equity, which invests on behalf of Canada’s Serruya family.

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