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Wendy's Japan Acquired First Kitchen
Pedestrians walk past a combined Wendy's and First-Kitchen joint fast food restaurant in Ueno on May 24, 2016, Tokyo, Japan. manufacturer Suntory Holdings Ltd. announced on Monday that it will sell its shares in the First-Kitchen Ltd. hamburger chain to Wendy's Japan LLC. The First-Kitchen chain, which was launched in 1977, operates some 135 outlets in the Tokyo metropolitan area and western Japan and had sales of ツ・8.7 billion ($79 million) in 2015. (Wendy's plans to keep the First-Kitchen brand after the acquisition and operate joint branded restaurants. Reyes Marin/AFLO)
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34029974
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License type
Editorial
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Creation date
24-05-2016
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