ALS
11-27-2013, 09:35 AM
Alizée said she she missed eating at Burger King since they shut down operations in France in 1997.
McDonald's Le Royal Cheese in France will soon be facing more competition with Burger King signing a deal to expand in the country.
The Miami-based chain said Tuesday that it's partnering with restaurant operator Groupe Olivier Bertrand to build on its three French locations, which are in travel hubs such as airports. It didn't specify the financial terms or how many more restaurants it will open, but said the joint venture is expected to create 1,200 jobs in the first year.
Naxicap Partners, a French private equity firm, will have a minority stake in the joint venture.
Burger-king-expanding-in-france (http://www.businessweek.com/ap/2013-11-26/in-global-push-burger-king-expanding-in-france)
McDonald's Le Royal Cheese in France will soon be facing more competition with Burger King signing a deal to expand in the country.
The Miami-based chain said Tuesday that it's partnering with restaurant operator Groupe Olivier Bertrand to build on its three French locations, which are in travel hubs such as airports. It didn't specify the financial terms or how many more restaurants it will open, but said the joint venture is expected to create 1,200 jobs in the first year.
Naxicap Partners, a French private equity firm, will have a minority stake in the joint venture.
Burger-king-expanding-in-france (http://www.businessweek.com/ap/2013-11-26/in-global-push-burger-king-expanding-in-france)