Announced
Completed
Financials
Sources
Tags
Friendly
Restaurants and Bars
Acquisition
restaurant chain
Completed
Private
Single Bidder
Spain
Majority
Cross Border
Synopsis
Restaurant Brands Iberia, the Spanish subsidiary of the firm that owns the Burger King brand, completed the acquisition of KAM Food Service, a group that has 70 franchise outlets of this brand in the north of Spain. Financial terms were not disclosed. Gregorio Jiménez, president of RBIberia, has indicated the “strategic” movement that will allow him to develop the Burger King brand in the north, where the hamburger chain has less presence.
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