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Recipe Unlimited to acquire Greece-based Evergood from Vivartia

Recipe Unlimited Corp., based in Vaughan, Ont., signed a definitive share purchase agreement to acquire all shares of Evergood from Vivartia Holding S.M.S.A. Vivartia’s release is dated October 14, 2026. Evergood’s brands include Goody’s Burger House, Everest, Flocafé Espresso Room, La Pasteria and Jackaroo. Retail Insider reports a network of more than 575 restaurants across Greece and regional markets. Recipe operates more than 1,100 restaurants in Canada, with a presence in the United States and the Middle East, and frames the deal as part of its international expansion. 

The announcement does not disclose the price, and completion remains subject to customary approvals and closing conditions. The transaction is therefore ongoing. No closing date or expected closing period appears in the sources reviewed. 

Bernitsas Law advised Vivartia, with work covering vendor legal due diligence and negotiation of the share purchase agreement and ancillary documents. Rothschild & Co was Vivartia’s financial adviser and Deloitte provided vendor due diligence. Karatzas & Partners provided legal support to Recipe, with Scotiabank (Scotia Capital Inc.) as financial adviser, EY-Parthenon Greece on tax and financial advisory work, and KPMG on transaction advisory services. 

Company

Recipe Unlimited Corporation

Law Firm / Organization
Karatzas & Partners

Company

Vivartia Holding S.M.S.A.

Law Firm / Organization
Bernitsas Law
Merger & Acquisition
Other
Undisclosed/Confidential
Active