CFI advised Burger King Spain on its acquisition of Megafood
Madrid – CFI Spain is pleased to announce it acted as the exclusive corporate finance advisor of Burger King Spain (BK Spain) on it’s acquisition of Megafood from GED Capital, Diana Capital and a group of private investors, in a transaction valued EUR 100m.
BK Spain is the subsidiary of Restaurant Brands Iberia, masterfranchisee of Burger King for Spain and Portugal. With this acquisition, it manages 380 owned restaurants. The deal makes BK Spain the largest QSR operator in the country.
Megafood is the largest franchisee in Spain with 80 restaurants located in Andalucia, Extremadura, Canary Islands, Ceuta and Melilla.
The transaction closed on 30 July 2018.
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Transaction details
Burger King Spain ('BK Spain'), a subsidiary of Restaurant Brands Iberia, which owns the rights in Spain and Portugal for the exploitation of Burger King, has acquired Megafood, the largest franchisee of Burger King in Spain by number of restaurants (a total of 80 located in Andalusia, Extremadura, Canary Islands, Ceuta and Melilla)
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