Recent Developments in the Restaurant Industry: Acquisitions, Bankruptcy, and Investor Activism
Stay up to date with the latest news in the restaurant industry including acquisitions, bankruptcy rumors, and investor activism. Explore the recent developments shaping the landscape.
Photo by Louis Hansel on Unsplash
Photo by Louis Hansel on Unsplash
Acquisitions in the Restaurant Industry
The restaurant industry is no stranger to acquisitions and mergers, with big players constantly expanding their portfolios to stay competitive. Guillermo Perales, the founder of Sun Holdings, known for operating popular chains like Burger King, Arby's, and Taco Bueno, recently made waves by acquiring Freebirds World Burrito. This acquisition adds the fast-casual Mexican chain based in Austin, Texas, to Sun Holdings' already impressive lineup of brands.
