Private equity firm Emerging Capital Partners (ECP) has sealed a deal to buy the South African operations of fast-food chain Burger King, nearly a year after initially disclosing it was in talks to buy the business.
Who is buying Burger King?
Firehouse Subs has been acquired by Restaurant Brands International in a $1 billion all-cash deal. The company that owns Burger King, Popeye’s and Tim Horton’s is adding Firehouse Subs to its portfolio.
Who owns Burger King now?
Scrapping the Burger King South Africa deal over BEE will hurt future investments: industry. The Southern African Venture Capital and Private Equity Association (SAVCA) says the Competition Commission’s decision to block a major transaction due to BEE concerns will set off alarm bells for future investors.
What is Burger King called in South Africa?
|Country/territory||Year entered||Master franchisee|
|Morocco||2011||General First Food Services|
|South Africa||2013||Burger King South Africa (Pty) Ltd|
|Tunisia||2019||General First Food Services Tunisia|
Did Burger King buy Firehouse Subs?
Burger King’s parent company just bought Firehouse Subs for $1 billion. The company has a history of buying chains and elevating their recognition, like with Popeyes. The sandwiches were good, but not enough to stand out among other sandwich chains.
Who owns Firehouse Subs?
The Jacksonville, Florida-based sandwich chain announced Monday that it has reached an agreement to be acquired by Restaurant Brands International. Under the terms of the deal, Restaurant Brands International will acquire Firehouse Subs for $10 billion in cash.
Who owns Red Lobster?
Red Lobster/Головные организации