Rex Concepts plans IPO
Rex Concepts Group, a quick-service restaurant operator, plans to list on the Warsaw Stock Exchange, targeting up to PLN 560 million from a share issue. Funds will support expansion, strengthen existing brands and markets, and enable potential acquisitions or new brand launches across Central and Eastern Europe.
The selling shareholder, Rex Invest CEE (controlled by McWin), may use proceeds for stabilization measures of up to 10% of shares, with unused funds potentially reinvested post-IPO. Lock-up periods are set at 540 days for the shareholder and 360 days for the company.
Operating in Poland, the Czech Republic and Romania, Rex Concepts runs Burger King and Popeyes franchises. By end-2025 it had 159 outlets, with plans to reach 850 by 2032.
Revenue rose 66% year-on-year to PLN 594.6 million in 2025, with EBITDA at PLN 43.4 million, reflecting rapid expansion and improving profitability.
Source: biznes.pap.pl