Shakey’s Pizza Asia Ventures acquires Restaurants
In this article (4)
Shakey’s Pizza Asia Ventures has fully acquired local Philippines restaurant chain Peri-Peri Charcoal Chicken.
The firm has also recently signed a memorandum of understanding to buy artisanal pizza brand Project Pie, including all assets and intellectual property. The brand was previously owned by Shakey’s parent firm Century Pacific Group and Singaporean sovereign wealth fund GIC.
As of June 1, Shakey’s is now the owner-operator of all Peri Peri stores owned by the company, as well as brand owner and franchisor of the remaining outlets.
Peri-Peri now has 23 locations throughout the Philippines.
Questions & Answers
Q.Which restaurant brands has Shakey’s Pizza Asia Ventures recently acquired or announced plans to acquire?
Which restaurant brands has Shakey’s Pizza Asia Ventures recently acquired or announced plans to acquire?
Shakey’s Pizza Asia Ventures has fully acquired Peri-Peri Charcoal Chicken and signed a memorandum of understanding to buy artisanal pizza brand Project Pie. Both are local restaurant chains.
Q.Who previously owned the Project Pie brand before Shakey's Pizza Asia Ventures signed a memorandum to acquire it?
Who previously owned the Project Pie brand before Shakey's Pizza Asia Ventures signed a memorandum to acquire it?
Project Pie was previously owned by Shakey’s parent firm, Century Pacific Group, and the Singaporean sovereign wealth fund, GIC. Shakey's plans to acquire all its assets and intellectual property.
Q.What is Shakey's Pizza Asia Ventures' role regarding Peri-Peri Charcoal Chicken stores as of June 1?
What is Shakey's Pizza Asia Ventures' role regarding Peri-Peri Charcoal Chicken stores as of June 1?
As of June 1, Shakey’s is the owner-operator of all company-owned Peri-Peri stores. They are also the brand owner and franchisor for the remaining outlets, expanding their operational control.
Reader pulse
Is Shakey's acquisition strategy sound?
20,005 votes so far