Business · Companies · 14 hrs ago

German Gustoso Group buys majority stake in Swiss restaurant operator FWG

German Gustoso Group buys majority stake in Swiss restaurant operator FWG

Germany’s Gustoso Group is buying 75% of Swiss restaurant operator FWG, which runs the Nooch, Negishi and Miss Miu brands.

Brothers Daniel and Manuel Wiesner will keep the remaining 25% and continue to lead FWG as co-chief executives.

The company’s headquarters will stay in Dübendorf, near Zurich.

Founders Fredy and Anita Wiesner will share a 2.5 million-franc bonus among staff; FWG employs about 850 people across 32 restaurants.

Gustoso, based in Munich, operates more than 250 restaurants in several European countries.

FWG plans to open two or three new restaurants a year in Switzerland and aims to expand with its new majority owner.

Its first Nooch restaurant in Germany is planned for 2027.

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