Redberry to add 32 more Burger King locations


Spark
dateJune 18, 2013

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Redberry Investments Inc. says the additional 32 restaurants will bring the total number of Burger Kings in its network to nearly 300. A private Quebec-based company is acquiring 32 Burger King locations in Ontario, expanding on a deal announced in April. Redberry Investments Inc. says the additional restaurants will bring the total number of Burger Kings in its network to nearly 300. Redberry acquired Burger King Restaurants of Canada in April from Burger King Worldwide.

 
In the latest transaction, Redberry will invest $20 million to acquire the 32 Ontario locations from Heartland Food LLC.

Source: The Montreal Gazette

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