Chuy’s, a popular restaurant chain, has recently made a big move by relocating its headquarters from Austin, Texas to Orlando, Florida. This decision comes after the completion of its acquisition by Darden Restaurants Inc. for a whopping $605 million.
The spokesperson for Darden, Rich Jeffers, explained that in order for Chuy’s to take advantage of Darden’s strengths, they will be consolidating their support functions at the Restaurant Support Center in Orlando. This means that the support functions that were previously based in Austin will now be transferred to Florida.
Darden Restaurants Inc., based in Orlando, is known for its diverse portfolio of restaurants, including Olive Garden, LongHorn Steakhouse, Ruth’s Chris, and Eddie V’s. The acquisition of Chuy’s Holdings Inc. was officially completed on October 11th after receiving approval from the majority of Chuy’s stockholders the day before.
This acquisition, which was initially announced in July, marks a significant milestone for both Chuy’s and Darden. It will be interesting to see how this move to Florida will impact the future of Chuy’s and how it will benefit from being part of the Darden family of restaurants.
In addition to the headquarters relocation, this acquisition could also lead to potential changes in menu offerings, operational strategies, and overall business direction for Chuy’s. Customers may notice differences in the dining experience or new additions to the menu as a result of this acquisition.
Overall, this relocation signifies a new chapter for Chuy’s as it becomes a part of a larger restaurant group. It will be exciting to see how this transition unfolds and what it means for the future growth and success of the beloved Tex-Mex chain.