Everstone may quit Burger King Indonesia stake
In this article (4)
Private equity firm Everstone Capital may withdraw from its involvement in Sari Burger Indonesia (SBI), the country’s master franchise owner of Burger King.
A DealStreetAsia report revealed the firm has been speaking with banks and advisers over the course of this year about the potential move.
Everstone is currently in a partnership with Indonesian retail firm Mitra Adiperkasa, previously SBI’s sole shareholder. The firm also partners with Mitra Adiperkasa in running Domino’s Pizza in Indonesia.
Everstone may have difficulties finding a buyer in the territory given tight competition in the industry, according to an opinion published in Nikkei.
Questions & Answers
Q.Which company currently owns the Burger King master franchise in Indonesia?
Which company currently owns the Burger King master franchise in Indonesia?
Sari Burger Indonesia (SBI) is the master franchise owner for Burger King in the country. Everstone Capital is currently in a partnership with Mitra Adiperkasa, who was previously SBI's sole shareholder.
Q.Why might Everstone Capital find it difficult to sell its stake in Sari Burger Indonesia?
Why might Everstone Capital find it difficult to sell its stake in Sari Burger Indonesia?
According to an opinion published in Nikkei, Everstone may face challenges finding a buyer in Indonesia. This is attributed to the tight competition within the territory's industry, which could impact interest.
Q.Is Everstone Capital involved in any other food franchises in Indonesia with Mitra Adiperkasa?
Is Everstone Capital involved in any other food franchises in Indonesia with Mitra Adiperkasa?
Yes, Everstone Capital also partners with Mitra Adiperkasa in running the Domino's Pizza operations in Indonesia. This indicates a broader collaboration between the two firms in the food sector.
Reader pulse
Is Everstone right to consider exiting Burger King Indonesia?
20,146 votes so far