EG Group buys biggest KFC franchisee in UK & Ireland
The company’s acquisition of The Herbert Group includes 140-plus KFC outlets.
EG Group announced it has bought the largest KFC franchisee in the UK & Ireland from Belfast-based The Herbert Group.
The acquisition includes 146 KFC Restaurants and 1 Pizza Hut Store, as well as a development pipeline and a number of non-trading sites.
The move means that EG Group now operates more than 1,500 food-to-go retail concessions across ten international markets including the UK, Ireland, France, Belgium, The Netherlands, Luxembourg, Italy, Germany, United States of America and Australia.
Its global employee tally, meanwhile, is bolstered by a further 4,000 or so staff members.
“Securing The Herbert Group portfolio is well aligned to our long-term strategic growth plans and builds on our commitment to grow the EG Group’s presence in the food-to-go retail convenience segment. The Herbert Group portfolio is a great strategic addition and complements our expanding operations in the UK and furthermore, now allows us entry into the Irish market,” Zuber Issa, co-founder and co-CEO of EG Group said.
“We’re pleased that EG Group have acquired these restaurants – it shows confidence in investing in KFC and comes at an exciting time for our brand, off the back of unprecedented sales growth in 2020 so far,” Paula McKenzie, general manager at KFC UK & Ireland added.
