LVMH-backed private equity firm buys Kobe beef chain in Japan

US-based L Catterton makes 1st investment in Japanese restaurant industry

20250731N Kobe beef

L Catterton seeks to expand business and concentrate brand power for Japan Kobe beef restaurant chain Kisshokichi. (Kisshokichi Holdings)

HARUKI KITAGAWA

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.

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