Twitter LinkedIn
    Saturday, March 25
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Acquisitions»Clifford Chance advises Cinven on €1bn acquisition of majority stake in Restaurant Brands Iberia
    Acquisitions

    Clifford Chance advises Cinven on €1bn acquisition of majority stake in Restaurant Brands Iberia

    July 30, 20212 Mins Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Clifford Chance has advised international private equity firm Cinven on the agreement reached with Restaurant Brands Iberia’s (RB Iberia), current shareholders (the founding families and Burger King Europe GmbH) on its acquisition of a majority stake in RB Iberia’s share capital.

    Valued at more than €1 billion, the investment represents the largest transaction in the Spanish restaurant industry to date, and marks Cinven’s entry into the growing market of fast food in the Iberian Peninsula.

    RB Iberia holds the master franchise rights for the Burger King brand in Spain, Portugal, Gibraltar and Andorra, and for the Popeyes and Tim Hortons brands in Spain, with a portfolio of more than 500 of owned-restaurants, and an additional c500 franchised restaurants across the three brands. The founders of RB Iberia and Burger King Europe GmbH (the European branch of the fast-food chain) will retain a minority stake in RB Iberia.

    Clifford Chance advised Cinven on all legal aspects of the transaction, including M&A, contractual arrangements with Burger King Europe GmbH, shareholders’ arrangements, acquisition financing and due diligence. This transaction follows a line of Cinven investments in the Consumer sector that Clifford Chance has played a supporting role in, including the successful, and largest ever Polish IPO of the e-commerce platform Allegro.

    Read more/Source: Private Equity Wire

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Acquisitions deals PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    PE firm CVC buys $155 mln minority stake in Indonesia’s Samator Indo Gas

    March 17, 2023

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    Warburg Pincus acquires K2 Insurance Services from Lee Equity Partners

    December 6, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    Comments are closed.

    Other Articles

    Equistone acquires Vertbaudet from Alpha Private Equity

    July 26, 2021

    Stamps.com Agrees to Thoma Bravo Buyout in $6.6 Billion Deal

    July 9, 2021

    US private equity continues march on the UK with £1 billion of deals

    May 27, 2021

    Nigeria’s Flutterwave reaches $3bn valuation after $250mn fundraising

    February 16, 2022

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?