Restaurant Brands International has partnered with CPE to invest $350 million in expanding Burger King's presence in China from 1,250 to over 4,000 restaurants by 2035.
Target Information
Restaurant Brands International (RBI) has formed a joint venture with CPE, a prominent Chinese alternative asset manager, to enhance the expansion of Burger King in China. This partnership represents a strategic move aimed at significantly increasing Burger King's presence in the region, with plans to grow from the current count of 1,250 restaurants to over 4,000 by the year 2035. CPE will take an 83% majority stake in this venture, while RBI will maintain a 17% minority interest and secure a position on the board.
The venture's funding will be directed towards various initiatives, including restaurant development, innovative marketing strategies, menu enhancements, and technological upgrades, all of which are crucial for driving long-term growth in one of the world's largest and most dynamic consumer markets.
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Industry Overview in China
The fast-food industry in China has been experiencing remarkable growth, fueled by rapid urbanization and an expanding middle class that increasingly seeks convenience and quality in dining o
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CPE
invested in
Burger King
in 2026
in a Joint Venture deal
Disclosed details
Transaction Size: $350M