Burger King has sold its wholly-owned German subsidiary Burger King GmbH and its 91 company-owned restaurants in Germany to Yi-Ko Holding GmbH, owned and operated by Mr Ergün Yildiz, a long-standing BURGER KING® restaurant operator in Germany, and Mr Alexander Kolobov, who has been driving Burger King's expansion in Russia. The sale is part of Burger King's global refranchising strategy. As part of the transaction, Yi-Ko Holding GmbH has agreed to develop new BURGER KING® restaurants during the next five years and remodel an additional 57 BURGER KING® restaurants during the next 18 months.
A team led by Corporate partner Dr Martin Kolbinger comprehensively advised Burger King Corporation and Burger King Beteiligungs GmbH on this transaction.
CMS Hasche Sigle
Dr Martin Kolbinger, Lead Partner Corporate/M&A
Martina Hidalgo, Lead Partner Employment
Dr Anne Meckbach, Corporate/M&A
Dr Frauke Bemberg, Corporate/M&A
Dr Astrid Roesener, Corporate/M&A
Dr Alexandra Janz, Employment
Dr Michael Kobler, Employment
Dr Stefan Höß, Real Estate
Dr Rolf Hempel, Anti Trust
Peter Endres, Franchise
Dr Thomas Grünvogel, Franchise