Acquiring Company
Minor International Plc
Acquired Company
Bonchon International
Description
Minor International Plc has announced plans to acquire 100% of Bonchon International Inc for $50 million. The acquisition will involve purchasing shares from VIG Partners and Seo Jin-deok. This move is expected to enhance Minor's earnings through royalty and franchise fee income. The acquisition is expected to close later this month.
M&A Insights
Based on deal dataFrequently asked
Who acquired Bonchon International?
Bonchon International was acquired by Minor International Plc, based in Thailand. The deal was reported on August 11, 2026. Minor International Plc (MINT) is a leading global hospitality and leisure company with a diverse portfolio of operations in the tourism sector. Minor International Plc is privately held and operates in Hospitality.
When did Minor International Plc acquire Bonchon International?
Minor International Plc's acquisition of Bonchon International was reported on August 11, 2026. Minor International Plc has announced plans to acquire 100% of Bonchon International Inc for $50 million. The acquisition will involve purchasing shares from VIG Partners and Seo Jin-deok. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Bonchon International do?
Bonchon International Inc is a Korean fried chicken restaurant chain known for its signature double-fried chicken. It was founded in 2002 by Seo Jin-deok and has expanded globally, gaining popularity for its unique flavors. It is privately held, operating in Food and Beverage, and is based in Dallas.