Press Release: FMP : Zensho America Announces Sale of Catalina Restaurant Group to Food Management Partners

CARLSBAD, Calif.--(BUSINESS WIRE)--Zensho America Corporation ("Zensho"), a subsidiary of Zensho Holdings Co., Ltd. (TOKYO: 7550), announced today the sale of Catalina Restaurant Group ("CRG") to an affiliate of Food Management Partners ("FMP"). CRG, parent company of Coco's Bakery Restaurant and Carrows Restaurants, operates 149 restaurants across California, Nevada, and Arizona. The transaction is expected to close on March 31, 2015. "After nearly a decade shepherding the Coco's and Carrows b