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Ruth's Chris Steak House in Charlotte, North Carolina. Ruth's Chris Steak House is a chain of over 100 steakhouses across the United States, Canada and Mexico. On May 22, 2008, the company underwent rebranding and became part of Ruth's Hospitality Group after its acquisition of Mitchell's Fish Market. [4]
Ruth's Hospitality Group, Inc. was a restaurant company with a focus on American steakhouse restaurants. Ruth's was acquired by Darden Restaurants in June 2023. [1]The group was rebranded in May 2008, shortly after Ruth's Chris Steak House acquired the Mitchell's Fish Market and Columbus Fish Market brands from Cameron Mitchell Restaurants. [2]
On May 3, 2023, Darden announced it was acquiring Ruth's Hospitality Group Inc. for $21.50 per share in an all-cash transaction, with an equity value of approximately $715 million. [43] Ruth's Hospitality is the owner and operator of the Ruth's Chris Steak House chain. [44]
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In late 2014, Landry's, Inc. acquired the chain from Ruth's for $10 million, [9] a fraction of the 2008 sale price. The deal included 18 Mitchell's Fish Market locations and three steakhouse units. [10] As of January 2018, there were 14 Mitchell's locations. [11] [12] [13] [14]
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