Restaurant Brands pays $10.5M to take over operation of Carl's Jr burger chain in NZ

Tue, 04 Nov 2014

By Tina Morrison Nov. 5 (BusinessDesk) - Restaurant Brands New Zealand, the nation's largest fast food operator, agreed to buy seven Carl's Jr stores owned and operated by Forsgren NZ for $10.5 million, making it the sole operator of the burger chain brand in New Zealand. The acquisition from family interests of Barry Forsgren will take the company's total number of Carl's Jr stores to 16, Auckland-based Restaurant Brands said in a statement. Forsgren opened the first Carl's Jr stores in New Zealand in July 2011. Carl's Jr, Restaurant...

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