Cara Operations to acquire The Keg for $200 million
(The Keg Steakhouse + Bar / Facebook)
Cara Operations, owner of popular restaurant chains like Swiss Chalet, Harvey’s and Milestones, is set to add The Keg to its roster.
The Keg restaurants are owned by Vancouver-based Keg Restaurants Ltd. The deal is worth $200 million.
According to a press release, the 106 Keg locations will bring Cara’s total number of restaurants to 1,365.