FAS received a petition from Izhevsk franchisee to buy KFC business
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The Federal Antimonopoly Service (FAS) received a petition to acquire the Russian business of YUM! Restaurants (KFC restaurants) from the Izhevsk franchisee LLC Smart Service LTD. The service will study the meaning of the transaction.
“FAS received from Smart Service Ltd a petition to acquire the Russian business of YUM! Restaurants (KFC fast food restaurants). The service will assess the impact of the transaction on the Russian market of catering services in the prescribed manner,” the statement reads. Telegram channel services.
In October, Kommersant wrote that the American YUM! Restaurants signed an agreement with Smart Service LTD on the transfer of 70 KFC restaurants. The franchisee must eventually rebrand all points of the network and rename the restaurants to Rostic’s.
Read more about the deal with the Izhevsk company – in the material “Kommersant” “KFC cuts wings”.
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