News
Redberry Investments acquires 94 Burger King restaurants in Canada
Burger King Worldwide has sold its Canadian subsidiary Burger King Restaurants of Canada to Redberry Investments Corp.
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Burger King Worldwide is a Delaware corporation that franchises and operates fast food hamburger restaurants, principally under the Burger King brand.
As of 30 September 2012, the Burger King system consisted of 12,667 restaurants in over 80 countries and US territories. Of these restaurants, 5,214 are located outside the US and Canada. Franchisees own and operate 12,072 restaurants, with the remaining 595 owned by Burger King.
In April 2012, Burger King Worldwide Holdings Inc and Justice Holdings Limited, a publicly listed UK investment company, entered into a definitive business combination agreement to list Burger King on the New York Stock Exchange upon completion of the transaction. Shares were listed and began trading on 20 June 2012. 3G Capital retains roughly 70% ownership of the company.
Country of origin
United States
Founded
1954 (Insta-Burger King)
Primary industries
Food
Food > Snacks
Foodservice
Foodservice > Catering
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Burger King Worldwide has sold its Canadian subsidiary Burger King Restaurants of Canada to Redberry Investments Corp.
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