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Restaurant Brands International to form joint venture for Burger King China to accelerate expansion
Chinese firm CPE will invest $350 million to expand Burger King China from 1,250 to over 4,000 stores by 2035, supporting RBI's 5%+ net restaurant growth target.
- Burger King plans to enter a joint venture with CPE, with CPE owning roughly 83% and Burger King holding a minority stake of about 17%.
- Over the next decade, the joint venture aims to more than double Burger King's footprint in China, from about 1,250 locations today to more than 4,000 by 2035.
- The deal, expected to close in the first quarter of 2026 pending regulatory approval, will see CPE invest $350 million into areas like marketing, menu innovation, and restaurant expansion.
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Burger King plans to double the number of its restaurants in China to over 4000 by 2030. Together with the Chinese CPE, the company is investing EUR 303 million in a new joint venture.
·Berlin, Germany
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CPE to invest $350 million to expand Burger King China to over 4,000 stores by 2035
Restaurant Brands International Inc (RBI), one of the world's largest quick-service restaurant companies, announced on Monday a joint venture with Chinese investment firm CPE to accelerate Burger King's growth in China.
·China
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InsideNoVA.com+29 Reposted by 29 other sources
Burger King to enter China joint venture, plans to double stores
US fast-food chain Burger King will rapidly expand its China operations in coming years, its parent company said, selling its controlling stake to form a new joint venture powered by hundreds of millions of dollars in local investment.
Coverage Details
Total News Sources63
Leaning Left8Leaning Right8Center12Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 29%
C 43%
R 28%
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