KOBE, Japan -- A private equity firm backed by the world's top luxury group, LVMH, has acquired a majority stake in Kisshokichi Holdings, which operates a major chain of Kobe beef restaurants in Japan.
US-based L Catterton makes 1st investment in Japanese restaurant industry

L Catterton seeks to expand business and concentrate brand power for Japan Kobe beef restaurant chain Kisshokichi. (Kisshokichi Holdings)
KOBE, Japan -- A private equity firm backed by the world's top luxury group, LVMH, has acquired a majority stake in Kisshokichi Holdings, which operates a major chain of Kobe beef restaurants in Japan.