Minor International completed the acquisition of Bonchon Restaurant Franchise for $66m.

Minor International, a multi-national company based in Bangkok, Thailand, completed the acquisition of Bonchon Restaurant Franchise, a chain restaurant company, for $66m. "The already-lucrative portfolio of Bonchon brand in Thailand will bring us immediate revenue and earnings to further sharpen our growth trajectory. We believe that Thailand continues to offer promising long-term outlook on the back of its growing middle class and increasing personal income. The unique customer proposition of the Bonchon brand combined with our robust four-decade experience and well-established operating platform in Thailand will no doubt equip us to further maximize value of this new investment for our shareholders," William E. Heinecke, Minor Founder and Chairman.