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Tag: Jollibee Foods

Retail Asia18/10/2017
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Food

Jollibee Foods taking acquisition path to China, US

3min0
Fast-food chain Jollibee Foods Corporation is seeking acquisitions to accelerate expansion plans in China and the US. Targets could include other fast-food chains as well as fast-casual restaurants like Smashburger, the US franchise of which Jollibee owns 40 per cent, says president Ernesto Tanmantiong. “We are looking at the world arena. Acquisition is part of […]
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Retail Asia03/03/2016
jollibee-1024x682.jpg
Food

Jollibee Foods takes over processing unit

2min0
Asia’s largest fast food player -Philippines-based Jollibee Foods, is seeking to take full control of China’s Happy Bee Foods Processing. The Manila company will buy an extra 30 per cent stake for US$10.4 million. Jollibee, which now has a 70 per cent stake in Happy Bee, acquired a 40 per cent share of US-based restaurant […]
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