Global Industry: KFC to Acquire 218 Units in the UK and IE

Bremerhaven. (bm) Yum! Brands’ KFC Division entered into a definitive agreement to acquire over 200 KFC restaurants from EG Group, the company’s largest KFC franchisee in the UK and Ireland. The transaction represents a significant opportunity to accelerate KFC’s growth strategy in the large and growing UK and Ireland chicken market, with high average unit volumes and robust margins. Other topics of the week:

Orkla ASA: targets an annual return of 12-14 percent [NO] Fri 12-15
ICA Gruppen: appointed new Chief HR Officer [SE] Fri 12-15
Chipotle: Invests In Agricultural Robots And Climate-Smart Fertilizer [US] Thu 12-14
Kesko Corporation: President and CEO to retire in 2024 [FI] Thu 12-14
Paulig: Side streams of coffee production turn into textile dyes [FI] Wed 12-13
Mondelez International: Appoints Chief People Officer [US] Wed 12-13
Red Robin: Names Chief People Officer [US] Tue 12-12
Aramark: Jim Tarangelo succeeds Tom Ondrof [US] Tue 12-12
Campbell: Reports First-Quarter Fiscal 2024 Results [US] Mon 12-11
SunOpta: Announces CEO Retirement and Appoints Successor [US] Mon 12-11
KFC: to Acquire 218 EG Group KFC Units in the UK and IE [US] Sat 12-09
General Mills Announces Changes to Senior Leadership Team [US] Sat 12-09

Global Industry: KFC to Acquire 218 Units in the UK and IE

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