Restaurant Brands International Inc. acquires Burger King China from TFI Asia Holdings BV and Pangaea Two Acquisition Holdings XXIII, Ltd.
Acquiring Company
Restaurant Brands International
Acquired Company
Burger King China
Miami
ChinaFood and BeverageHospitalityFood and BeverageHospitalityDescription
Restaurant Brands International Inc. (RBI) has acquired all the equity interests in Burger King China from TFI Asia Holdings BV and Pangaea Two Acquisition Holdings XXIII, Ltd. for approximately $158M in an all-cash transaction. RBI, with nearly 100% ownership, is now seeking a new local partner to inject primary capital into the business and become the controlling shareholder, in line with its long-term strategy.
Quick answer
Restaurant Brands International is acquiring Burger King China, announced February 18, 2025. Restaurant Brands International is based in Miami, Florida, United States.
- How much did Restaurant Brands International pay for Burger King China?
- The deal value was not disclosed.
- What does Restaurant Brands International do?
- Restaurant Brands International Inc. (RBI) is a multinational fast food holding company.
- Where are Restaurant Brands International and Burger King China based?
- Restaurant Brands International is based in Miami, Florida, United States. Burger King China is based in China.
- Who are the decision-makers at Restaurant Brands International?
- Fundz holds 3 contacts at Restaurant Brands International. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Restaurant Brands International, and when
When Restaurant Brands International changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Restaurant Brands International raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Restaurant Brands International, from your own LinkedIn network
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Frequently asked
Who acquired Burger King China?
Burger King China was acquired by Restaurant Brands International, based in Miami. The deal was reported on February 18, 2025. Restaurant Brands International Inc. (RBI) is a multinational fast food holding company. The Company's portfolio includes the Burger King, Popeyes, and Tim Hortons brands. Restaurant Brands International is publicly traded (QSR) and operates in Food and Beverage.
When did Restaurant Brands International acquire Burger King China?
Restaurant Brands International's acquisition of Burger King China was reported on February 18, 2025. Restaurant Brands International Inc. (RBI) has acquired all the equity interests in Burger King China from TFI Asia Holdings BV and Pangaea Two Acquisition Holdings XXIII, Ltd. for approximately $158M in an all-cash transaction. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Burger King China do?
Burger King China was a joint venture between TFI Asia Holdings BV and Pangaea Two Acquisition Holdings XXIII, Ltd. Before the acquisition by Restaurant Brands International Inc., it had grown from ~60 restaurants in 2012 to ~1,500 restaurants. It is privately held, operating in Food and Beverage, and is based in China.
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