Friendly’s has a new owner
Updated Jan 26, 2021;
Posted Jan 26, 2021
Friendly's is located at 1000 Reese Ave. at the intersection with University Drive. Chocolate Avenue in Hershey, October 28, 2019.
Dan Gleiter | dgleiter@pennlive.com
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The restaurant chain that was once owned by the Hershey Foods Corporation has a new owner.
Amici Partners Group announced last week that it had completed the acquisition of Friendly’s Restaurants. The restaurant chain had voluntarily filed for Chapter 11 bankruptcy in November in order to facilitate the sale with Amici. The deal was completed on the last day of 2020.
There are 130 corporate-owned and franchised restaurant locations. The group said it plans to continue to keep all of the locations open.