BK UK purchases 34 new locations from Kout Food Group
BK UK Group, the master franchisee for Burger King in the UK, has purchased KFG Quickserve Limited, the Burger King business operating 34 restaurants UK-wide from Kout Food Group.
This acquisition will increase the Burger King UK company owned portfolio to 136 restaurants, within a total UK estate of 517 restaurants.
With double digit growth in restaurant numbers in the last two years, BK UK says it is committed to organic growth and rolling out the brand further as part of the Group’s wider plans to continue to revitalise the brand across the UK.
Alasdair Murdoch, CEO for Burger King UK said: “This significant acquisition is a great way for us to end 2019, and demonstrates our commitment to growth of the brand. I would like to thank Kout Food Group for their support along with the enormous contribution they have made to Burger King in the UK over the past 10 years. The restaurants have been run in an exemplary way and we welcome the restaurant teams as they become part of an ever-growing BK UK Group.”
Burger King UK was formed after a joint venture deal was agreed between Restaurant Brands International and Bridgepoint Capital in November 2017. Last month, Burger King UK announced the purchase of eight locations in and around the M4.
Kout Food Group continues to own and operate 78 Burger King restaurants in Kuwait.