Jollibee Group has acquired a 10% stake in beverage technology leader Botrista and a 90% interest in Titan Dining Partners II Ltd to enhance its growth and innovation in the food service sector.

Target Information

The Jollibee Group, established in 1975 by Dr. Tony Tan Caktiong, began as a modest family business selling ice cream in Manila. As demand evolved, the family transformed their ice cream parlor into the Jollibee brand, introducing hot meals and diversifying their offerings.

Under the visionary leadership of Tony Tan Caktiong, the business has grown significantly. From a single location, Jollibee has expanded into a robust restaurant group comprising 19 well-known brands and over 9,500 outlets across 32 countries, striving to become one of the top five restaurant companies globally.

Industry Overview in the Philippines

In the Philippines, the food and beverage industry represents a vital sector of the economy, showing consistent growth driven by domestic consumption and the