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Yum Brands sells Pizza Hut for $2.7 billion

PUBLIC · YUMJun 17, 2026

Acquiring Company

Yum! Brands

Acquired Company

Pizza Hut

LouisvilleUnited KingdomFood and BeverageHospitalityRetailRestaurants

Description

Yum Brands has announced the sale of Pizza Hut for $2.7 billion. The decision comes amid growing competition and the need for modernization within the brand. This acquisition marks a significant shift in the fast food landscape. Pizza Hut continues to adapt as it navigates through market challenges.

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Company Information

Company

Yum! Brands

Location

Louisville, Kentucky, United States

About

Yum Brands is the parent company of Taco Bell, Pizza Hut, KFC, and Habit Burger Grill, pioneering an “AI-powered” future for its fast-food operations under the leadership of Joe Park, the Chief Digital and Technology Officer.

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Frequently asked

Who acquired Pizza Hut?

Pizza Hut was acquired by Yum! Brands, based in Louisville. The deal was reported on June 17, 2026. Yum! Brands is publicly traded (YUM) and operates in Food and Beverage.

When did Yum! Brands acquire Pizza Hut?

Yum! Brands's acquisition of Pizza Hut was reported on June 17, 2026. Yum Brands has announced the sale of Pizza Hut for $2.7 billion. The decision comes amid growing competition and the need for modernization within the brand. This acquisition marks a significant shift in the fast food landscape. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pizza Hut do?

Pizza Hut is the company acquired in this transaction. It is privately held, and is based in United Kingdom.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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