BELGIUM: GIB sells foodservice chains to Carestel
Belgian retailer GIB is selling its self-service restaurant chain Lunch Garden and sandwich bar subsidiary Crock'In to compatriot catering and hospitality group Carestel. The two units posted sales of €115.1m (US$113.6m) in 2001 and operating profits worth €2.6m. Together they employ more than 1,600 staff.
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