Harry Ramsden started selling fish and chips from a wooden hut in 1928
The fish and chip shop chain, Harry Ramsden's, which started in West Yorkshire, in 1928, has been bought by a Birmingham businessman.
Ranjit Boparan, of Boparan Ventures Ltd, said he planned to open 100 new restaurants throughout the UK in the next five years.
It was not disclosed how much the company was sold for.
A spokesman for Boparan Ventures said the company planned to eventually open restaurants in China and India.
Harry Ramsden first started selling fish and chips from a wooden hut in Guiseley, near Leeds, in 1928.
The chain currently has 36 restaurants and takeaways in the UK.
Mr Boparan said the 100 new outlets would create 600 jobs.
"Harry Ramsden's is a great British institution and we want to put it back on the map by focusing on the fundamental basics of superb service, exceptional value and, most importantly, the very best tasting fish and chips you can buy," he said.