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With the sale of Burger King to 3G Capital of Brazil in 2010, Burger King made the decision to sell off almost all corporate owned stores to its franchises by the end of 2013. [ 19 ] [ 20 ] One major move towards this goal was the sale of over 275 stores to corporate franchise group Carrols Corporation of New York and nearly 100 stores to the ...
The sale of the two chains, collectively called the Fiesta Restaurant Group, was completed in May 2012. [9] In June 2012, Carrols acquired 278 Burger King locations from Burger King for approximately $150 million. In exchange, the Burger King parent, Burger King Corporation took a 28.9% stake in the company.
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 purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively.
BURGER KING ® Franchisee Yi-Ko Holding GmbH Acquires Company-Owned BURGER KING ® Restaurants in Germany Acquisition Part of Burger King Worldwide Inc.'s Global Refranchising Strategy and ...
Burger King is Restaurant Brands' largest chain in the US at 6,778 locations, followed by Popeyes and Firehouse Subs. The franchise is also the largest for the company overseas at 12,240 sites ...
Burger King restaurant in Bulacan, Philippines. Burger King Holdings was the parent company of Burger King when it went public in 2002. [67] Burger King derived its income from several sources, including property rental and sales through company owned restaurants; [67] however, a substantial portion of its revenue was dependent on franchise ...