Restaurant Brands International acquires Popeyes China and co-invests in Tims China Business to drive growth
Jul 01, 2024•over 1 year ago
Acquiring Company
Restaurant Brands International
Acquired Company
Popeyes Louisiana Kitchen
MiamiReservationsHotelHospitalityFood and BeverageDescription
Restaurant Brands International Inc. has announced the acquisition of Popeyes China and a co-investment with Cartesian Capital into the business of TH International Limited (Tims China). The acquisitions reflect RBI's confidence in the Chinese market, one of the largest QSR markets globally, and its commitment to drive growth in the region. RBI's total amount of capital outlay for the two transactions will be up to $45M.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
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Success factor
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