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YUM! Brands Enters New Amended License Agreement with Yum China
Aug 07, 2026
Contract Type
licensing
LouisvilleFood and BeverageHospitalityRetailRestaurants
Description
On August 7, 2026, YRI China Franchising, LLC, a subsidiary of YUM! Brands, entered into an Amended and Restated Master License Agreement (A&R MLA) with Yum Restaurants Consulting (Shanghai) Company Limited. This agreement amends the previous master license agreement by removing references to Pizza Hut and any royalties associated with it in the People's Republic of China. This adjustment reflects the completion of the China Transaction.
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.