Group 1 - CPE Yuanfeng announced a strategic partnership with Burger King to establish a joint venture named "Burger King China" with an initial investment of $350 million to support restaurant expansion, marketing, menu innovation, and operational improvements [1] - The joint venture will have a 20-year master development agreement granting exclusive rights to develop the Burger King brand in China, with CPE Yuanfeng holding approximately 83% of the equity and Restaurant Brands International retaining about 17% [1] - The plan aims to expand the number of Burger King stores in China from approximately 1,250 to over 4,000 by 2035, while achieving sustainable same-store growth [2] Group 2 - Starbucks announced the sale of the majority stake in its China operations to Boyu Capital, forming a joint venture where Boyu will hold up to 60% of the retail business, while Starbucks retains 40% and continues to own the brand and intellectual property [2] - The acquisition by Boyu Capital is based on an enterprise value of approximately $4 billion, excluding cash and debt [2]

Core Insights - CPE Yuanfeng has acquired a controlling stake in Burger King China, marking a significant shift in the ownership structure of the brand in the Chinese market [3][5] - The partnership aims to expand the number of Burger King outlets in China from approximately 1,250 to over 4,000 by 2035 [4] Group 1: Transaction Details - CPE Yuanfeng will inject an initial capital of $350 million into Burger King China to support restaurant expansion, marketing, menu innovation, and operational improvements [3][4] - After the transaction, CPE Yuanfeng will hold about 83% of Burger King China, while Restaurant Brands International (RBI) will retain approximately 17% [3] Group 2: Market Trends - The deal is expected to be completed in the first quarter of 2026, pending regulatory approval [5] - The trend of forming joint ventures between foreign brands and Chinese investors is becoming more prevalent, as seen with Starbucks' recent partnership with Boyu Capital [5]

Accessibility StatementSkip Navigation CPE to invest $350 million of primary capital to grow Burger King China to over 4,000 restaurants by 2035 Accelerated development at Burger King China reinforces RBI's path to 5%+ Net Restaurant Growth MIAMI, Nov. 10, 2025 /PRNewswire/ - Restaurant Brands International Inc. (NYSE: QSR) (TSX: QSR) (TSX: QSP) ("RBI") today announced a joint venture with CPE to unlock the next phase of growth for Burger King in China. The joint venture aims to expand the brand's footprint ...

Exclusive: Restaurant Brands International struck a joint-venture deal with Chinese private-equity firm CPE to inject capital into its Burger King China business and help fuel growth overseas https://t.co/psvyHnslUG ...

Core Insights - China's CPE plans to invest $350 million to acquire an 83% stake in a restaurant business, aimed at fueling growth in the region [1] Investment Details - The investment amount is $350 million, which indicates a significant commitment to the restaurant sector [1] - The acquisition of an 83% stake suggests a controlling interest, allowing for strategic direction and operational influence [1] Industry Implications - This investment reflects a growing trend in the restaurant industry, particularly in China, where expansion and growth are prioritized [1] - The move may signal increased competition and innovation within the regional restaurant market as CPE seeks to enhance its portfolio [1]

Core Insights - Happy Belly Food Group Inc. has announced that its brand Heal Wellness has secured its first U.S. real estate location in Lubbock, Texas, marking a significant step in its expansion strategy [1][3] - The Texas site is expected to cater to a growing demand for smoothie and açaí bowl offerings, supported by favorable demographics and a health-conscious consumer base [3][4] Expansion Strategy - The secured location in Texas is part of a broader plan to establish Heal Wellness as a leading smoothie and açaí bowl brand in North America, with a planned opening in 2026 [3][5] - Heal Wellness currently operates 27 locations and has over 168 in development, contributing to a total of 626 contractually committed retail franchise locations across Happy Belly's portfolio [5] Market Dynamics - Texas is identified as a dynamic consumer market with strong population growth, a warm climate conducive to year-round smoothie consumption, and a robust health-and-fitness culture [3][4] - Lubbock, with a population of over 270,000 and proximity to Texas Tech University, is expected to provide a steady customer base for Heal Wellness [3][4] Business Model - Happy Belly employs an asset-light, franchise-driven growth model, which is demonstrated by the strategic site selection for Heal Wellness [4] - The company emphasizes a disciplined growth approach that aims to create long-term value for shareholders while expanding its brand presence in both Canada and the U.S. [7]

Restaurant Brands International (RBI), the parent of fast-food chains Burger King and Popeyes, has announced two senior leadership changes within its US and Canada operations. These include the appointment of Peter Perdue as the new president of Popeyes, US and Canada. He will replace Jeff Klein, who will be departing the company. Perdue has been with RBI for 12 years and previously held the role of chief operating officer (COO) for Burger King US and Canada. As COO, he played a central part in the Recla ...

Core Insights - Restaurant operators are currently hoarding coins and advising customers not to expect exact change, indicating a significant shift in cash handling practices within the industry [1] - Cashiers are facing challenges with basic arithmetic due to the shortage of coins, which may impact customer service efficiency [1] Industry Summary - The hoarding of coins by restaurant operators suggests a broader issue related to cash circulation and availability in the economy [1] - The warning to customers about not receiving exact change reflects operational adjustments that restaurants are making in response to the coin shortage [1] - The situation highlights the need for cashiers to adapt to new challenges, potentially requiring additional training or support to manage transactions effectively [1]

You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Popeyes has named Peter Perdue as president of its U.S. and Canada systems, succeeding Jeff Klein, who is leaving the company.  Perdue is a 12-year veteran of parent company Restaurant Brands International, most recently serving as chief operating officer of Burger King U.S. and Canada, where he was instrumental in the brand's Reclaim the Flame turnaround strategy. His experience spans operations, franchising, and f ...

Leadership Changes - Peter Perdue has been appointed as President of Popeyes, U.S. and Canada, succeeding Jeff Klein, who is leaving the company. Perdue has 12 years of experience with RBI and previously served as Chief Operating Officer of Burger King U.S. & Canada, where he played a key role in the brand's operational turnaround [1] - Nicolas Henrich has been appointed as Chief Operating Officer of Burger King U.S. and Canada, succeeding Perdue. Henrich has held various senior roles within the company, focusing on franchising, development, finance, strategy, and supply chain [1] Company Overview - Restaurant Brands International Inc. is one of the largest quick service restaurant companies globally, with over $45 billion in annual system-wide sales and more than 32,000 restaurants across over 120 countries and territories. The company owns four major brands: TIM HORTONS, BURGER KING, POPEYES, and FIREHOUSE SUBS [1]