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RBI Subsidiary Acquires Burger King China in $158 Million Deal
Feb 19, 2025•over 1 year ago
Contract Type
partnership
ChinaFood and BeverageHospitality
Description
A subsidiary of Restaurant Brands International (RBI) has acquired Burger King China for $158 million in an all-cash deal. RBI now has nearly 100% vested ownership in Burger King China and plans to find a new local partner to inject primary capital into the business.
Company Information
Company
Burger King China
Location
China
About
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.
Predictive Intelligence
Strategic
ML-powered predictions for Burger King China's next move
ChinaFood and BeverageHospitality