- Restaurant Brands
Restaurant Brands is a
Fast Food company based inNew Zealand . It operates most of New Zealand'sKFC ,Pizza Hut , andStarbucks stores and provides management and support services to New Zealand's independent KFC franchisees. The company reports to theSydney based devision of Tricon Global Restaurants Inc., the international KFC and Pizza Hut franchisor.History
Restaurant Brands was formed to acquire shares in KFC and Pizza Hut from
PepsiCo . It acquired KFC in 1989 and Pizza Hut in 1995. The company originally purchased 122 stores, 77 KFC stores, 43 Pizza Hut stores and 2 Joint KFC and Pizza Hut stores. It was listed on theNew Zealand Stock Exchange in May 1997. It secured the New Zealand franchise for Starbucks Coffee in 1998. In 2000 it acquired theEagle Boys pizza chain and rebranded it as Pizza Hut.In 2002 the company expanded its operations overseas with the acquisition of 51 Pizza Hut stores in Victoria, Australia. The Victorian operation ultimately proved unsuccessful, Restaurant Brands exiting the Australian market entirely by early 2008.
References
*Haynes, Peter and Fryer, Glenda - 'Standard recipes? Labour relations in the New Zealand Fast-food industry' in"Labour Relations in the Fast-Food Industry", ed. Tony Royle and Brian Towers (Routledge, 2002) ISBN 0-415-22167-6
* [http://www.restaurantbrands.co.nz/profile/prof_07.htm Restaurant Brands - Our History]
* [http://www.restaurantbrands.co.nz/news/part_01.htm#art6 Pizza Hut Doubles in Size Following Restaurant Brands Acquisition of Eagle Boys]External links
* [http://www.restaurantbrands.co.nz Official site]
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