{"id":3848,"date":"2020-09-02T09:00:00","date_gmt":"2020-09-02T14:00:00","guid":{"rendered":"https:\/\/grupofinaccess.com\/?p=3848"},"modified":"2025-09-12T11:33:23","modified_gmt":"2025-09-12T17:33:23","slug":"restaurant-brands-new-zealand-acquires-69-kfc-and-taco-bell-stores-in-california","status":"publish","type":"post","link":"https:\/\/grupofinaccess.com\/en\/noticias-de-grupo-finaccess\/restaurant-brands-new-zealand-acquires-69-kfc-and-taco-bell-stores-in-california\/","title":{"rendered":"RESTAURANT BRANDS NEW ZEALAND ACQUIRES 69 KFC AND TACI BELL STORES IN CALIFORNIA"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"3848\" class=\"elementor elementor-3848\" data-elementor-settings=\"{&quot;ha_cmc_init_switcher&quot;:&quot;no&quot;}\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-71772c3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"71772c3\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-49b6856\" data-id=\"49b6856\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9c197d4 elementor-align-center elementor-widget elementor-widget-post-info\" data-id=\"9c197d4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-2b68613 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/grupofinaccess.com\/en\/2020\/09\/02\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>September 2, 2020<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-bb0fd5b elementor-inline-item\">\n\t\t\t\t\t\t<a href=\"https:\/\/newsnreleases.com\/2020\/09\/02\/restaurant-brands-new-zealand-acquires-69-kfc-and-taco-bell-stores-in-california\/\" target=\"_blank\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-custom\">\n\t\t\t\t\t\t\t\t\t\tNewsnReleases\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-887b75 ha-has-bg-overlay elementor-widget elementor-widget-text-editor\" data-id=\"887b75\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"p1\">The consideration paid amounted to $80.7 million, which included capital expenditure reimbursements for store refurbishments carried out since the commencement of the transaction and customary working capital adjustments.<\/p><p class=\"p3\">Restaurant Brands New Zealand Limited (RBD) announced that it had received consent from KFC and Taco Bell for the purchase of 58 KFC stores and 11 multibrand KFC and Taco Bell stores, together with a head office facility in Southern California, USA from an existing franchisee.<\/p><p class=\"p3\">RBD announced the settlement of this acquisition was completed overnight. Despite significant disruption to trading due to the ongoing COVID-19 pandemic, the acquired business has maintained a 12 month trailing turnover of $US95 million and store EBITDA (pre-G&amp;A) of in excess of $US12 million.<\/p><p class=\"p3\">Russel Creedy, RBD Group CEO said, \u201cThe resilience of the Restaurant Brands business during the COVID-19 pandemic has highlighted the benefits of investing in trusted brands and maintaining geographically diverse operations. We are pleased with the strong trading performance of the acquired stores during the COVID-19 pandemic in California and are excited about the future prospects in the US market.\u201d<\/p><p class=\"p1\">The consideration paid amounted to $80.7 million, which included capital expenditure reimbursements for store refurbishments carried out since the commencement of the transaction and customary working capital adjustments. The acquisition was fully funded from existing debt facilities.<\/p><p class=\"p1\">Jos\u00e9 Par\u00e9s, Chairman of RBD said \u201cAcquiring a sizable number of well managed stores in a market with excellent growth potential such as California provides an ideal platform from which Restaurant Brands can pursue the next phase of its exciting growth strategy.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77b9383 elementor-widget elementor-widget-spacer\" data-id=\"77b9383\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb1fa7c elementor-align-center elementor-widget elementor-widget-button\" data-id=\"cb1fa7c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/newsnreleases.com\/2020\/09\/02\/restaurant-brands-new-zealand-acquires-69-kfc-and-taco-bell-stores-in-california\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">IR A NOTICIA<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>The consideration paid amounted to $80.7 million, which included capital expenditure reimbursements for store refurbishments carried out since the commencement of the transaction and customary working capital adjustments.<\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-3848","post","type-post","status-publish","format-standard","hentry","category-noticias-de-grupo-finaccess"],"_links":{"self":[{"href":"https:\/\/grupofinaccess.com\/en\/wp-json\/wp\/v2\/posts\/3848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/grupofinaccess.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/grupofinaccess.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/grupofinaccess.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/grupofinaccess.com\/en\/wp-json\/wp\/v2\/comments?post=3848"}],"version-history":[{"count":1,"href":"https:\/\/grupofinaccess.com\/en\/wp-json\/wp\/v2\/posts\/3848\/revisions"}],"predecessor-version":[{"id":5638,"href":"https:\/\/grupofinaccess.com\/en\/wp-json\/wp\/v2\/posts\/3848\/revisions\/5638"}],"wp:attachment":[{"href":"https:\/\/grupofinaccess.com\/en\/wp-json\/wp\/v2\/media?parent=3848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/grupofinaccess.com\/en\/wp-json\/wp\/v2\/categories?post=3848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/grupofinaccess.com\/en\/wp-json\/wp\/v2\/tags?post=3848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}