Paris Baguette operator buys full stake in restaurant chain Lina’s

SPC Group plans to expand Lina’s presence to North America and Southeast Asia.

South Korean food and beverage giant SPC Group has bought a 100% stake in French restaurant chain Lina's at an undisclosed amount, Yonhap reported.

SPC Group, operator of bakery chain Paris Baguette, has made the transaction through its European holding company SPC Euro.

SPC said it would expand its presence in the European market and enter the North American and Southeast Asian markets. It also plans to further develop new bread and salad menu items to introduce them in Paris Baguette worldwide.

Lina's, founded in 1989 in Paris, is operating in three countries: South Korea, Columbia, and Lebanon. SPC has been running the South Korean operations since 2002.