Acquisition News–KFC, Tricon
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Louisville, Kentucky–KFC Holdings plans to add anotherinternational franchise, this time a bakery, to its stable thisyear. Datuk Abdullah Omar, executive deputy chairman of KFCHoldings, said the KFC group was in the early stages of discussionwith a U.S.-based company to acquire the franchise but won’trelease its name. KFC is no stranger to bakery business, supplyingBakers Street products to supermarkets. It also used to operate achain of bakery-style cafes under the Bakers Street brand, but theywere closed down last year due to unsatisfactory performance.-The Star Online
Dallas–Speculation is running high that Tricon GlobalRestaurants may be beefing up with the purchase of a burger player,after recent murmurs about a possible acquisition from Triconpresident and CEO David Novak. One possibility is Yorkshire GlobalRestaurant’s A&W brand, a chain that Tricon is currentlyco-branding with its KFC concept. –QSR
Louisville, Kentucky–KFC Holdings plans to add anotherinternational franchise, this time a bakery, to its stable thisyear. Datuk Abdullah Omar, executive deputy chairman of KFCHoldings, said the KFC group was in the early stages of discussionwith a U.S.-based company to acquire the franchise but won’trelease its name. KFC is no stranger to bakery business, supplyingBakers Street products to supermarkets. It also used to operate achain of bakery-style cafes under the Bakers Street brand, but theywere closed down last year due to unsatisfactory performance.-The Star Online
Dallas–Speculation is running high that Tricon GlobalRestaurants may be beefing up with the purchase of a burger player,after recent murmurs about a possible acquisition from Triconpresident and CEO David Novak. One possibility is Yorkshire GlobalRestaurant’s A&W brand, a chain that Tricon is currentlyco-branding with its KFC concept. –QSR
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