Following the successful openings of the brand’s first-ever locations in Puerto Rico this spring, SID Tea LLC swiftly expanded its presence to encompass the entire island of Puerto Rico Gong cha, the world’s premier bubble tea brand with nearly 2,200 locations across 24 countries announced the signing of a 30-unit[Read More…]
Tag: Subway
Subway selects PepsiCo as beverage partner in US
US Subway restaurants will begin serving PepsiCo beverages in 2025 under a 10-year agreement Subway, one of the world’s largest restaurant brands, announced a 10-year agreement with PepsiCo to supply beverages in U.S. restaurants beginning January 1, 2025. Subway’s longstanding partnership with Frito-Lay will also be extended through 2030, bringing the brand’s[Read More…]
EG Group to sell KFC franchise restaurants in UK and Ireland
The sale is expected to be completed in the first half of 2024, with proceeds to be used to repay debt EG Group announces that it has entered into a definitive agreement to sell all its 218 KFC franchise restaurants in the UK and Ireland to Yum! Brands’ KFC Division.[Read More…]
Subway announces sale to Roark Capital
The transaction combines Subway’s global presence and brand strength with Roark’s deep expertise in restaurant and franchise businesses Subway announced that it has entered into a definitive agreement to be acquired by affiliates of Roark Capital. The transaction is a major milestone in Subway’s multi-year transformation journey, combining Subway’s global presence[Read More…]
