An iconic local group of seafood restaurants has a new owner.
According to a press release from Legal Sea Foods, the restaurant part of Boston-based Legal Sea Foods has been sold to PPX Hospitality Brands, a holding company that is headquartered in Medford and is known for its Strega and Smith & Wollensky brands. The acquisition includes the purchase of Legal's Quality Control Center in the Seaport District.
U.S. & World
While the sale applies only to the Legal dining spots, Roger Berkowitz -- whose family founded the company -- is holding onto other parts of the business, including the retail and online aspects of the company.
“I am humbled by the dedication our employees have shown over the years in building Legal Sea Foods into the preeminent brand it is," Berkowitz said in a statement. "Our restaurants will continue under the stewardship of PPX, and my family and I will own and operate the Legal Sea Foods brand in non-restaurant channels. I am excited to pursue a future focused on fish by further expanding the brand into e-commerce and retail."
The deal will take effect immediately.
The company said in an initial email that all current employees had been invited to remain as part of the team, but a later version of the press release did not include that line.
Legal Sea Foods has been in business since 1968.
by Marc Hurwitz
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