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Garden Fresh a healthy buy for Fairmont Capital: Phoenix Footwear signs deal to acquire casual sportswear maker Royal Robbins Inc.

Publication: San Diego Business Journal
Publication Date: 13-OCT-03
Format: Online - approximately 581 words
Delivery: Immediate Online Access
Full Article Title: Garden Fresh a healthy buy for Fairmont Capital: Phoenix Footwear signs deal to acquire casual sportswear maker Royal Robbins Inc.(Public Companies)(Garden Fresh Restaurant Corp. sold to Fairmont Capital)

Article Excerpt
The sale of Garden Fresh Restaurant Corp. to Anaheim-based Fairmont Capital, a privately held buyout company, fits within a growing trend of struggling public firms being taken private.

And yet, Garden Fresh, the San Diego-based parent of the Souplantantion and Sweet Tomatoes chains, doesn't seem to fit the mold. The chain that was founded in 1978 and offers soups, salads and other healthy fare, is expanding, has been making a profit of late. It operates 97 restaurants in 15 states, including nine in San Diego, and...

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