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Jollibee to acquire Shabu All Day for $87 million

PRIVATEFeb 20, 2026

Acquiring Company

Jollibee Foods Corporation

Acquired Company

All Day Fresh

PhilippinesSouth KoreaFood and BeverageHospitalityRetailFood and BeverageRetail

Description

Jollibee Foods Corporation has signed a deal to acquire All Day Fresh, the operator of Shabu All Day, a South Korean hot pot chain, for around $87 million. This acquisition solidifies Jollibee's commitment to expanding its global footprint and enhancing its offerings in the Chinese cuisine segment. Shabu All Day, the largest hot pot chain in South Korea, operates 169 stores and generates significant annual sales. The acquisition strategy aims to elevate Jollibee's presence in the competitive global market.

Quick answer

Jollibee Foods Corporation is acquiring All Day Fresh for $87 million, announced February 20, 2026. Jollibee Foods Corporation is based in Philippines.

How much did Jollibee Foods Corporation pay for All Day Fresh?
The reported deal value is $87 million.
What does Jollibee Foods Corporation do?
Jollibee Foods Corporation, headquartered in the Philippines, is a global behemoth in the food industry, owning and operating thousands of stores across 19 brands worldwide.
Where are Jollibee Foods Corporation and All Day Fresh based?
Jollibee Foods Corporation is based in Philippines. All Day Fresh is based in South Korea.
Who are the decision-makers at Jollibee Foods Corporation?
Fundz holds 2 contacts at Jollibee Foods Corporation. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Jollibee Foods Corporation

Location

Philippines

About

Jollibee Foods Corporation, headquartered in the Philippines, is a global behemoth in the food industry, owning and operating thousands of stores across 19 brands worldwide. It has a rich history of strategic acquisitions and has been expanding its global footprint since its humble beginnings as an ice cream selling business in Manila.

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Frequently asked

Who acquired All Day Fresh?

All Day Fresh was acquired by Jollibee Foods Corporation, based in Philippines. The deal was reported on February 20, 2026. Jollibee Foods Corporation, headquartered in the Philippines, is a global behemoth in the food industry, owning and operating thousands of stores across 19 brands worldwide. Jollibee Foods Corporation is privately held and operates in Food and Beverage.

When did Jollibee Foods Corporation acquire All Day Fresh?

Jollibee Foods Corporation's acquisition of All Day Fresh was reported on February 20, 2026. Jollibee Foods Corporation has signed a deal to acquire All Day Fresh, the operator of Shabu All Day, a South Korean hot pot chain, for around $87 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does All Day Fresh do?

All Day Fresh operates the popular Shabu All Day hot pot chain in South Korea. As of January 2025, it boasts 169 stores, making it the largest hot pot brand in the country. The company generates annual system-wide sales of approximately $285 million. It is privately held, operating in Food and Beverage, and is based in South Korea.

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