Maredo, Germany's leading steakhouse chain, currently operates a total of 37 steakhouse restaurants – 35 in Germany and two in Austria. Based in Düsseldorf, the company employs around 1,000 members of staff. The Maredo brand has been synonymous with first-class South American steaks (from Argentina and Uruguay) and an excellent quality of meat for over 40 years. In addition, the company sells premium quality steaks and other food products under the brand name “Maredo” through food retail stores. Perusa Funds acquired Maredo from Funds advised by ECM in May 2017.