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Alsea Acquires Master Franchise for Burger King in Mexico

Mexican restaurant operator Alsea said it acquired the master franchise for Burger King brand fast-food eateries in Mexico. "Pursuant to the Joint Venture Agreement reached between Alsea and Burger King Worldwide, Inc. ("BKW"), the BKW subsidiary in Mexico was merged into Operadora de Franquicias Alsea S.A. de C.V. ("OFA"), an Alsea subsidiary, which will become the merged company and the operator of 204 BURGER KING restaurants in Mexico," the company said in a statement. continue reading »