Overview
- Affiliates of Toronto-based Fairfax Financial acquired MW Eat in a private deal with financial terms undisclosed.
- Founders Namita Panjabi, Ranjit Mathrani and Camellia Panjabi will stay involved to manage the handover with the new owner.
- Fairfax signaled significant new investment to scale the group internationally and test additional restaurant formats.
- The Crown Estate declined to renew Veeraswamy’s lease at Victory House, with the restaurant trading until a hearing expected in spring or early summer 2026.
- Fairfax cites hospitality know-how via Recipe Restaurant Group and a track record of India-related investments as foundations for MW Eat’s growth.