The operator of Perth's biggest fresh food trading hub has banked a $21 million profit courtesy of a sharp rise in the value of the unlisted public company's property holdings.
PRIVATE equity group Archer Capital has emerged rapidly this year to become one of the largest investors in Western Australia, following its purchase of the company behind the Chicken Treat and Red Rooster fast food chains.
The parent company of WA-based Australian Fast Foods Pty Ltd - owner of the Red Rooster and Chicken Treat brands - has added to its franchising empire with the $60 million acquisition of NSW-based fast food chicken chain, Oporto.
THE private equity binge has extended to the fast food industry, with a Sydney fund backing Australian Fast Foods Pty Ltd managing director Frank Romano in a $180 million deal, buying out major sha
The private Perth company that owns the Red Rooster and Chicken Treat brands across Australia plans extensive national growth ahead of an eventual stock market float.