Locked content AmRest acquires major French restaurant pizza chain

Central Europe’s largest independent restaurant chain operator has signed an agreement to purchase 100 percent of the shares in Pizza Topco France, according to a press release by the Wrocław-based company on Thursday. It stated that the cost was PLN 61 million. The deal gives AmRest control over a ...

Locked content AmRest estimates fourth quarter revenue of PLN 1.2 billion

  International fast-food and casual dining restaurant operator AmRest estimates that its sales revenue in the fourth quarter of 2016 amounted to PLN 1.213 billion, an increase of 32.2 percent y/y, the company said in a statement. “The dynamics of the Group’s sales in the fourth qua...

Locked content AmRest becomes the master-franchisee of Pizza Hut brand in CEE

AmRest Holdings SE , the largest publicly listed restaurant operator in Central Europe, announced the  signing of the Master Franchise Agreement  with Pizza Hut Europe on August 15, 2016. The deal determines the rights and license to develop, own and operate Pizza Hut restaurants in  Poland, the Cze...

Locked content AmRest revenues up by 20.5% in Q2

Listed restaurant operator AmRest recorded revenues of PLN 975 million in Q2 2016, which means an increase of 20.5 percent year-on-year, the company informed in a statement. The sales value of AmRest’s restaurants located in the CEE totaled PLN 536 million in Q2, 17.3 percent more than in Q2 2...

Locked content Amrest signs 2nd annex to Pizza Hut deal

WSE-listed restaurant chain operator AmRest has signed a second annex to heads of terms with Pizza Hut concerning holding a master franchise license for the next ten years in the CEE region as of October 1, the company said. The annex prolongs the validity of the deal until July 30. Should the two p...

Locked content Amrest signs annex to Pizza Hut deal

WSE-listed restaurant chain operator AmRest has signed an annex to heads of terms with Pizza Hut concerning holding a master franchise license for the next ten years in the CEE region as of October 1, the company said. The annex prolongs the validity of the deal until July 15. Should the two parties...

Locked content AmRest close to prolonging Pizza Hut franchise in CEE

WSE-listed restaurant chain operator AmRest has signed heads of terms with Pizza Hut concerning holding a master franchise license for the next ten years in the CEE region as of October 1, the company said. “In line with heads of terms, AmRest as a master franchise holder, will have a right to...

Locked content Amrest finalizes Germany’s Starbucks takeover

WSE-listed restaurant chain operator AmRest has finalized a deal with Starbucks Coffee Company to take over 144 Starbucks brand restaurants in Germany for €40 million, the company said in a filing. “In line with initial assumptions, Starbucks Deutschland has been renamed AmRest Coffee Deutschl...

Locked content AmRest secures €50 mln & PLN 100 mln extra financing

Restaurant operator AmRest Holdings amended its credit deal with banks Pekao, BZ WBK, BGŻ BNP Paribas and ING BSK, securing an extra €50 million tranche for M&A activity and increasing an existing revolving tranche by PLN 100 million, the firm said in a market filing. AmRest announced on April 2...

Locked content AmRest takes over Starbucks in Germany

WSE-listed restaurant chain operator AmRest has signed a deal with Starbucks Coffee Company to take over 144 Starbucks brand restaurants in Germany for an estimated €41 million, the company said in a filling. The deal will come into life on May 23 and the final price will be settled upon the finaliz...