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New Deal


Announced

Completed

EG Group completed the acquisition of 52 restaurants of KFC from Amsric Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

fast food

Acquisition

Restaurants and Bars

Completed

Friendly

Domestic

Majority

restaurant

Private

Single Bidder

Synopsis

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EG Group, a British retailer, completed the acquisition of 52 restaurants of KFC from Amsric Group. Financial terms were not disclosed. "Firstly, I would like to thank Ragin and the Patel family for all their hard work, and their longstanding support of our brand. EG Group’s commitment to investing not only in the existing restaurants, but also in growth through the development of new locations reinforces the strength of our brand, and of KFC as a world-class franchisor," Paula MacKenzie, KFC UK & Ireland General Manager.

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