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On June 13, 2011, Wendy's/Arby's Group Inc. announced that it would sell the majority of its Arby's chain to Roark Capital Group, maintaining an 18.5% stake in the company. [ 30 ] In August 2011, the Wendy's Company announced it would move its corporate headquarters from Sandy Springs, Georgia , to their Dublin Restaurant Support Center (Wendy ...
Inspire Brands LLC is an American fast-food restaurant franchise company. Owned by Roark Capital Group, it owns the Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Mister Donut, Dunkin' Donuts, and Baskin-Robbins chains, which have a combined 31,700 locations and US$30 billion in system sales.
On September 29, 2008, the company merged with Triarc Companies Inc., the publicly traded parent company of Arby's; [35] [36] Wendy's headquarters remained in Dublin. Triarc then became known as Wendy's/Arby's Group, and later as the Wendy's Company following the sale of Arby's to Roark Capital Group.
An Arby's restaurant with a vintage sign in Midland, Michigan (2006). Arby's was founded in Boardman Township, Ohio, on July 23, 1964, by brothers Forrest (1922–2008) [15] and Leroy Raffel (1927–2023), [16] owners of a restaurant equipment business who thought there was a market opportunity for a fast food franchise based on a dish other than hamburgers.
Wendy's/Arby's Group (WEN), the third-largest fast food company in the U.S., said Thursday it is considering selling the Arby's Restaurant Group to focus on the Wendy's brand. Arby's is the second ...
Nelson Peltz said Thursday he was approached by a third party about the possibility of participating in a takeover of Wendy's/Arby's (WEN). Peltz's Trian Fund Management is the biggest shareholder ...
As of 2024 the Group operated around 2,600 franchise locations around the world, primarily of Applebee’s, Arby's, Pizza Hut, Wendy's, Panera Bread, Taco Bell, and Planet Fitness. [8] They had approximately 72,000 employees. [7] The company engages in a complex menu strategy overseen by a team of economists and data scientists. [11]
After reaching $5.25 in late April, the shares of Wendy's/Arby's Group (WEN) have been in a steady decline, falling to $4.05 this week. But the stock has seen a nice rebound over the last couple ...