Grupo Zena closes sale of Cañas y Tapas to Axon Partners Group

Grupo Zena, a Spain-based subsidiary of Mexico-based Alsea, closed the sale of its restaurant division known as Cañas y Tapas to Axon Partners Group. The deal value was not disclosed.

Cañas y Tapas, founded in Madrid in 1999, has 15 restaurants, seven in Spain, seven in France and one in Portugal.