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Sosushi was founded in 2006 and has over 30 restaurants in prime city locations, including Roma and Milan, and with plans to expand internationally in late 2011.
The company is Italy’s largest japanese restaurant chains.
The Board is plaeased to announce that it has agreed with the vendors of You Can Group srl (the holding company of SoSushi) that cash consideration of EUR1.2 million due to it will now be satisfied by the issue of 6.880.000 new Branispark ordinary shares. This further investment in SoSushi will take the Company’s holding form 20 per cent. to 51 per cent and it is expected to be completed completed on 4 april 2012.