Want to know who owns burger king and burger king lunch hours? Who Owns Burger King? Did you ever come across this query? Burger King Corporation is an American burger chain that takes the whopper as their signature sandwich. The company was founded in 1954 by two brothers, James and Maurice McDonald who opened a restaurant in Miami, Florida.
The company’s headquarters are located near Atlanta, Georgia and it has been publicly traded since 1968 on the New York Stock Exchange. Know about the founders and history of Burger King from us.
Who Owns Burger King
Burger King has been through a few owners in its time. Hence Who Owns Burger King? The first owner was James McLamore and David Edgerton who bought the company from the McDonald brothers. In 1967, it was then sold to Pillsbury who owned it for two years before selling it to Grand Metropolitan who merged with Guinness in 1997.
Diageo then became the sole owner of Burger King after they purchased Grand Metropolitan. In 2002, Texas Pacific Group acquired a majority stake in Burger King and took the company public again in 2006.
TPG Capital then merged their investment firm with that of Bain Capital creating The Restaurant Company LLC who currently owns Burger King Corporation.
There are many things you may not know about Burger King such as their secret menu which includes the whopperito, a burger wrapped in a taco shell. You can also order a Neopolitan shake which is a blend of strawberry, vanilla, and a chocolate milkshake.
And if you’re feeling really adventurous, you can try the suicide whopper which contains all of Burger King’s signature toppings. So the next time you’re at Burger King, be sure to ask for one of these secret menu items!
Burger King has come a long way since its inception and continues to serve up delicious burgers and fries to its customers. With so many different menu items to choose from, there’s something for everyone at Burger King. Be sure to check them out next time you’re in the mood for some fast food!
Past Owners of Burger King
Burger King was originally founded in 1954 and is headquartered in who owns burger king. The company has changed hands several times over the years, who currently own Burger King?
It used to be a subsidiary of Diageo PLC who sold it to another corporation before eventually starting an IPO on the New York stock exchange that owns burger king. Currently, hedge fund manager William Ackman holds nearly 30% of shares who own burger king.
Who Owns Burger King Today?
There are a few different answers to this question, as the company has had several owners over the years. However, it is currently owned by Restaurant Brands International (RBI), who bought it from Burger King Corporation in 2010.
Prior to that, it was owned by Diageo plc., who purchased it from Grand Metropolitan PLC. in 1997. So, there have been quite a few changes in ownership over the years! RBI also owns Tim Hortons and Popeyes Louisiana Kitchen.
It’s interesting to note that, while Burger King Corporation still exists as a separate entity, it is no longer involved in the day-to-day operations of Burger King restaurants. All of those are now handled by RBI.
Conclusion
So Who Owns Burger King? The answer to that question is a bit complicated, as the company has had several different owners over the years. However, at the moment, it is owned by a group of investors led by the Brazilian firm Behold Holdings. Despite its ownership changes, Burger King has remained one of the most popular fast-food chains in the world, with over 15,000 restaurants located in more than 100 countries. Thanks for reading!
