McWin acquires BK SEE Poland SA and becomes a master franchisee in Poland
A development agreement foresees the construction of more than 200 restaurants
First McWin Restaurant Fund investment that helps brands scale their operations and grow beyond their borders
WARSAW, Poland, September 01, 2022–(BUSINESS WIRE)–Today, the Burger King brand and McWin announced a new master franchise and development agreement to grow the brand in Poland, with a commitment to open more than 200 restaurants. McWin, a private investment company specializing in the restaurant and food technology sectors, will manage the brand in Poland, which has been present in the country since 2007, including its existing franchisees, and will begin operating 20 stores following its acquisition of BK SEE Poland SA
“We are thrilled to share great news from Poland, where we have announced our intention to expand Burger King across Poland with McWin as our new master franchisee,” said David Shear, president of Burger King International Markets. “We know that customers here love our world-renowned flame grill flavor and experience our brand through personalized digital innovation. We view this project as an important part of a broader plan to expand into Central Europe. and oriental that will allow us to bring our iconic brand featuring our tasty food to more customers than ever before.”
Founded in 1954, the Burger King brand is a global chain of hamburger fast food restaurants known for food quality and value and as the only place customers can get the iconic flame-grilled Whopper® sandwich. The Burger King system operates over 19,000 locations in more than 100 countries around the world, including 33 countries across Europe.
Led by Henry McGovern, founder of AmRest Holdings SE, one of Europe’s leading restaurant companies, and Steven K. Winegar, shareholder and senior executive of Zena Group and founder of Restauravia Grupo Empresarial, McWin is comprised of a team experienced industry and physical education veterans. with proven operational expertise, an unrivaled network in the food industry and deal origination capabilities, being the partner of choice for founders, investors and management teams.
“This is the first investment from our €525 million McWin Restaurant Fund, which we closed a few weeks ago. We are extremely proud to expand the Burger King brand across Poland, leveraging synergies on the McWin platform. We will place particular emphasis on enhancing the brand’s digitization and sustainability efforts in Poland,” said McWin Founding Partner Henry McGovern.
“Our more than 150 years of combined experience in successfully operating and scaling iconic hospitality industry brands across multiple countries will help us create long-term sustainable value for guests, employees and our communities, as well as the Polish economy as a whole. We couldn’t be more excited. This is the start of a hugely significant chapter for Burger King and McWin,” added Steven K. Winegar, founding partner of McWin.
In addition to its delicious cuisine, Burger King is committed to providing diners with a top-notch customer experience, both in-restaurant and online. The new Burger King restaurants will feature digital ordering screens, mobile ordering, table service and delivery, so customers can easily order and enjoy BK food the way they want.
About Henry McGovern, Steven K. Winegar and McWin
McWin is a private investment firm founded by Henry McGovern and Steven K. Winegar in partnership with exceptional founders and CEOs who dare to sustain disruption, primarily in the restaurant and food technology industries.
Henry McGovern is the founder of AmRest Holdings SE, one of Europe’s leading restaurant companies, which under Henry’s leadership has grown to over 2,300 restaurants in 25 countries, with over 55,000 employees. Steven K. Winegar was a shareholder and senior executive of Grupo Zena and founder of Restauravia Grupo Empresarial, Megafood SL and former board member of Telepizza. Together they have built or operated over 4,200 restaurants across Europe, the US and China and have extensive experience investing in food technology and broader disruptive technologies. McWin and funds advised by McWin are currently investors in Gail’s, Vapiano, CookUnity and Dean&David as well as alternative protein companies such as BlueNalu, Perfect Day, The Every Company (formerly Clara Foods), Impossible Foods and UPSIDE Foods (formerly Memphis Meats) and leaders in food technology companies such as Footprint, Oishii and Menu.
About Burger King
Founded in 1954, the Burger King® brand is a global chain of hamburger fast food restaurants known for food quality and value because it’s the only place customers can get the iconic grilled Whopper® sandwich. flame. The Burger King® system operates more than 18,700 locations in more than 100 countries. Nearly 100% of Burger King® restaurants are owned and operated by independent franchisees, many of whom are family businesses that have been in business for decades. To learn more about the Burger King® brand, visit www.bk.com.
About Restaurant Brands International
Restaurant Brands International Inc. is one of the world’s largest quick service restaurant companies with over $35 billion in annual system-wide sales and more than 29,000 restaurants in more than 100 countries. RBI owns four of the largest and most iconic fast food brands in the world: TIM HORTONS®, BURGER KING®, POPEYES® and FIREHOUSE SUBS®. These independent brands have been serving their respective customers, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI improves sustainable outcomes related to its food, the planet, people and communities.
This press release contains certain forward-looking statements and information, which reflect management’s current beliefs and expectations regarding future events, initiatives and operating performance and speak only as of the date hereof. These forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties. These forward-looking statements include, but are not limited to, statements about our expectations regarding the Burger King business in Poland’s ability to open more than 200 restaurants in the coming years, as well as its ability to create long-term sustainable value. term for customers, employees, and communities, and for the Polish economy as a whole and creating a premium experience, and Burger King’s ability to grow in Central and Eastern Europe. Factors that could cause actual results to differ materially from RBI’s expectations are detailed in RBI’s filings with the United States Securities and Exchange Commission and with securities regulators in Canada, such as its annual and quarterly reports and current reports on Form 8-K. and include the following risks: risk related to our ability to successfully implement its national and international growth strategy and risks related to its international operations; risks related to our ability to compete nationally and internationally in an extremely competitive industry; global economic or other business conditions that may affect our customers’ desire or ability to purchase our products; our relationship with and the success of our franchisees, as well as the risks associated with our fully franchised business model; and the effectiveness of our marketing and advertising programs and franchisee support for these programs. Except as required by applicable law, we undertake no obligation to update these forward-looking statements, whether as a result of new information, subsequent events or circumstances, a change in expectations or otherwise.
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