China FMCG

Burger King in China and Turkey attracts private equity buyers

The world’s largest franchisee of the fast-food chain outside the US is on the block. One wealthy Turkish family holds the key to a successful sale.

Burger King is back up for sale in China and Turkey after growing swiftly in both emerging markets on the back of urbanisation, rising disposable incomes and expanding distribution channels, according to people familiar with the matter. 

And this time, several ca shed-up private equity firms have expressed their interest in buying the largest Burger King franchise globally, the people said.

The home of the Whopper entered China in 2005 and has been rapidly growing its network of quick-service restaurants ever since. The franchise opened its 1,000th store on December 30, having had just 85 outlets in 2012.

The Turkish Burger King...

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