Friday, August 12, 2022

Burger King Worldwide Reaches New Franchise Agreement In Colombia

(RTTNews.com) – Burger King Worldwide (BKW) announced an exclusive restaurant development agreement with Fondo Escala Capital and Promotora to further develop the BURGER KING brand in Colombia by more than 100 new points of sale within the next five years.

As part of the transaction, Fondo Escala Capital and Promotora have agreed to acquire a majority stake in Kinco, S.A.S., currently a franchisee of Burger King Worldwide.

Burger King Worldwide said it entered Colombia in 2008 and the BURGER KING brand currently enjoys a strong consumer following throughout Latin America and the Caribbean with a presence in 29 countries across the region and approximately 1,250 restaurants in the region.

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Rico
"Rico" is the crazy mind behind the Q media websites, a series of onlinemagazines that includes TodayColombia.com. Rico brings his special kind of savvy to online marketing. His websites are engaging, provocative, informative and sometimes off the wall, where you either like or you leave it. The same goes for him, like him or leave him.There is no middle ground. No compromises, only a passion to present reality as he sees it!

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