KFC Thailand for sale
In this article (5)
A slice of KFC Thailand is being considered for sale by franchise owner Restaurants Development in a deal that could net $200 million.
Sourcing people with knowledge of the matter, the firm is taking advice on a potential sale of the operation – which involves roughly 200 locations and 4000 staff. There is no certainty a sale will proceed and the source said discussions remained at an early stage with no formal bid yet tabled.
Restaurants Development is backed by investors throughout Asia and operates KFC Thailand alongside Central Group (running 275 stores) and Thai Beverage – which purchased more than 240 KFC restaurants three years ago for roughly $361 million.
Yum Restaurants International (Thailand) transformed itself into a 100-per-cent franchisor business in 2018 in an effort to yield optimal efficiency across the entire business operation.
Questions & Answers
Q.Which company is considering selling its stake in KFC Thailand?
Which company is considering selling its stake in KFC Thailand?
Franchise owner Restaurants Development is considering the sale of its KFC Thailand operations. The company is currently taking advice on this potential deal, which is still in its early stages.
Q.How many KFC locations are involved in the potential sale by Restaurants Development?
How many KFC locations are involved in the potential sale by Restaurants Development?
The potential sale by Restaurants Development involves approximately 200 KFC locations across Thailand. These restaurants employ around 4,000 staff members, who would also be affected by any eventual sale.
Q.What other companies operate KFC restaurants in Thailand?
What other companies operate KFC restaurants in Thailand?
Alongside Restaurants Development, Central Group runs 275 KFC stores in Thailand. Thai Beverage is another major operator, having acquired over 240 KFC restaurants approximately three years ago.
Q.What was Yum Restaurants International (Thailand)'s business strategy change in 2018?
What was Yum Restaurants International (Thailand)'s business strategy change in 2018?
In 2018, Yum Restaurants International (Thailand) transitioned into a 100-per-cent franchisor business. This strategic move was implemented with the aim of achieving optimal efficiency throughout its entire operational structure.
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