The Casa Carmen restaurants go on sale thanks to Arcano

The Casa Carmen restaurant chain goes on the market. Its founder, owner and CEO, Lluís Puigvert, has hired Arcano as a financial advisor to explore the entry of a partner with which to boost the company’s growth, according to market sources familiar with the process.

This movement responds to the interest received from investors, mainly funds, who have approached to acquire the firm. The perimeter of the divestment will be set based on the offers of potential buyers.

Casa Carmen is a group of non-franchise restaurants located mostly in shopping centers

“For now we feel comfortable with the growth that the resources generated by our restaurants give us, but in the long term we do not rule out the entry of a possible partner,” said Puigvert on January 3 in an interview with Expansión. That possibility has now accelerated with the hiring of Arcano, according to the sources consulted.

Casa Carmen is a group of non-franchise restaurants located mostly in shopping centers and specialized in à la carte Mediterranean food and with a menu of the day. It was born in 2014 and already has thirty establishments in Catalonia, the Community of Madrid, Andalusia and Aragon. He opened his first store in the Diagonal Mar shopping center in Barcelona. Subsequently, it has added new openings: Ànec Blau Shopping Center, in Castelldefels, Finestrelles, in Esplugues de Llobregat, AnalaBrasa in La Maquinista, L’Illa and Paseo de Gracia Shopping Center, in Barcelona, ​​Gran Vía 2 and La Farga, both in Hospitalet de Llobregat, Splau, in Cornellà del Llobregat, Nevada Shopping, in Granada, Arturo Soria Plaza, Islazul, La Gavia, Moda Shopping, Nassica, Oasiz, Parquesur, Plaza Norte 2, Plaza Río 2, Alcalá, La Vaguada, Plenilunio and Xanadú, in Madrid, Muelle Uno and Plaza Mayor, in Malaga, and Seville.

More than doubling revenue

The chain plans to open a new restaurant soon in the Parc Central shopping center in Tarragona and in the Salera shopping center in Castellón, thus expanding its presence in the Valencian Community. The company’s plans are to accelerate its expansion and add 15 restaurants in 2022 after the ten inaugurated last year, also making the international leap, to Portugal, in 2023. The firm closed 2021 with around 30 million euros of turnover in the framework of the pandemic and the goal is to exceed 50 million in 2022 and reach 70 million in 2023.