Canadian investment group Fairfax Financial Holdings has acquired UK restaurant operator MW Eat in a private deal. The new owner plans to expand the business internationally, taking control of London Indian restaurants like Amaya and Chutney Mary. The founders, including Camellia Panjabi, will remain involved in managing the transition.

Fairfax, led by Prem Watsa, will commit further capital to support MW Eat’s expansion. The group is exploring new restaurant concepts and formats to drive growth. The founders are excited to work with Fairfax to take their unique brands global and enhance career opportunities for their staff.

The deal leverages Fairfax’s experience in India, where they have invested in various businesses. The acquisition comes as Veeraswamy, one of the UK’s oldest Indian restaurants, faces a lease extension challenge. MW Eat looks forward to benefiting from Fairfax’s financial strength and global vision for future growth.

Read more at Yahoo Finance: Fairfax buys MW Eat with plans for expansion