Feb 21, 2017
Burger King owner to buy Popeyes chicken chain for $1.8bn
Popeyes, whose fans include pop singer Beyonce, began 45 years ago as a Southern-fried "Chicken on the Run" restaurant in a New Orleans suburb. The chain now has more that 2,600 outlets, mainly in the US. Restaurant Brands, which includes the Tim Hortons chain, has more than 20,000 outlets in more than 100 countries. Media speculation about the sale began on 10 February, Restaurant Brands said in a statement. Daniel Schwartz, the chief executive of Restaurant Brands, said: "We look forward to taking an already very strong brand and accelerating its pace of growth and opening new restaurants in the US and around the world." Restaurant Brands was formed in 2014, when 3G Capital-backed Burger King acquired Canadian coffee and doughnut chain Tim Hortons for $11bn.
Related companies
Make a complaint about Burger King by viewing their customer service contacts.
