Restaurant Brands International Has Officially Taken Over Popeyes: Here’s What To Expect

A few days ago, we told you about how Restaurant Brands International, the parent company of Burger King and Tim Horton’s, was looking at buying Popeyes Lousiana Kitchen. Now, we’re telling you that its official; the major company just bought Popeyes for a cool $1.8 billion.

This will give Restaurant Brands International control of all outlets of Popeyes Louisiana Kitchens; there are about 2500 outlets across America and countries like Germany, Hong Kong, Indonesia and Mexico.

Changes Ahead

Many are speculating about what the takeover will mean for Poeyes, which is popular for its fried chicken and buttermilk biscuits.

Some are suggesting that Restaurant Brands International will change Popeyes menu to include new items, remove non-sellers and possibly hike prices.

The company may also use its expansion expertise to help grow the brand both nationally and internationally.

Commenting on the takeover, Daniel Schwartz, the CEO of Restaurant Brands International said “Popeyes is a powerful brand with a rich Louisiana heritage that resonates with guests around the world. With this transaction, RBI is adding a brand that has a distinctive position within a compelling segment and strong U.S. and international prospects for growth. As Popeyes becomes part of the RBI family we believe we can deliver growth and opportunities for all of our stakeholders including our valued employees and franchisees. We look forward to taking an already very strong brand and accelerating its pace of growth and opening new restaurants in the U.S. and around the world.”