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Burger King Holdings was the parent company of Burger King when it went public in 2002. [68] Burger King derived its income from several sources, including property rental and sales through company owned restaurants; [68] however, a substantial portion of its revenue was dependent on franchise fees. [68]
Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company.It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the 2017 purchase of American fast-food chain Popeyes.
Burger King was expanding, but as McDonald's went public in 1965, organic growth became difficult in keeping up. The pair sold the 274 store business to Pillsbury in 1967 in an attempt to grow under the brand. McLamore served as Burger King's CEO until 1972, when he stepped down as Pillsbury was taking the business in a different direction.
On January 16, 2024, Burger King and Popeyes owner Restaurant Brands International (RBI) announced that it would buy Carrols in an all-cash transaction worth approximately US$1.0 billion. RBI said it intended to rapidly remodel 600 Carrols-owned Burger King locations to current company standards, and refranchise them back to smaller local ...
In its EMEA group, Burger King's Switzerland-based subsidiary Burger King Europe GmbH is responsible for the licensing and development of BK franchises in those regions. [8] In the APAC region, the Singapore-based BK AsiaPac, Pte. Ltd. business unit handles franchising for East Asia, the Asian subcontinent and all Oceanic territories.
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