Oprah Winfrey Announces Investment In True Food Kitchen
The media mogul recently announced that she had made an undisclosed equity investment in True Food Kitchen, a health-driven restaurant chain based in Phoenix. The restaurant, which was named the 2018 top emerging restaurant brand by data firm Fishbowl, offers sustainable, local and organic meals, including vegan and vegetarian options.
True Food Kitchen declined to disclose how much Winfrey invested in the company, but said she would join the brand’s board of directors and act as a consultant. Private equity firm Centerbridge will remain the restaurant’s controlling shareholder.
SOURCE ⇒ CNBC