Retail

Who Bought Out Popeyes

By David Krug David Krug is the CEO & President of Bankovia. He's a lifelong expat who has lived in the Philippines, Mexico, Thailand, and Colombia. When he's not reading about cryptocurrencies, he's researching the latest personal finance software. 4 minute read

Onion rings and shakes are all favorites among customers of the Burger King chain of fast-food restaurants.

Even yet, they often wonder if the company has bought additional fast-food restaurants they’d want to go to.

As a result, some are wondering if the allegations that Burger King has purchased Popeyes are genuine. Learn more if this is something you’ve thought about.

In 2022, does Burger King own Popeyes?

The parent company of Burger King and Tim Hortons bought Popeyes for $1.8 billion. Restaurant Brands International, a Toronto-based company, purchased the Louisiana-style franchises in 2017 for $600 million, and the merger was completed in 2018. 

The purchase was completed in April or May of 2017 and they are presently extending these businesses across the world.

So, what does this imply for Burger King, and does Burger King now control Popeyes Chicken and Biscuits as a result of this merger? Continue reading to learn more!

Burger King reportedly bought Popeyes.

The Burger King corporation did not acquire Popeyes since there is no such thing as a “Burger King corporation.”

Burger King, like Tim Hortons, is a subsidiary of Restaurant Brand International, a Toronto-based conglomerate.

As a result, the company that owns Tim Hortons and Burger King really purchased Popeyes in the first place.

As a result, the claim that Burger King purchased Popeyes is partially accurate, but not entirely accurate, because Burger King is a subsidiary of Restaurant Brands International.

Burger King and Popeyes: Continued Rivals?

Despite the fact that Restaurant Brand International owns both of these businesses, competition between the two still exists in the marketplace. Consider the so-called chicken sandwich battles.

Burger King and Popeyes used to compete over who could make the biggest and best sandwich, and as a result, both companies saw a rise in their revenues.

As a result, Popeyes and Burger King are still competing in the marketplace.

Will the acquisition of Popeye’s by Restaurant Brands International affect Burger King?

Regular updates to the menus of Burger King and Popeyes are expected as the chains continue to experiment with new and improved offerings.

In addition, the Whopper burger and Louisiana-style chicken will remain their staple dishes.

Burger King and Popeyes will be marketed to the public both domestically and internationally by Restaurant Brand International in this regard.

Burger King fans throughout the world might profit greatly from these adjustments.

What Effects Will the Merger Have on Burger King Customers?

The Burger King and Popeyes brands are owned by Restaurant Brand International, although their franchisees are allowed to purchase a large number of stores.

The largest US Burger King franchisee Carroll’s Restaurant Group also purchased 220 Burger Kings and Popeyes, offering quick-service outlets in the South-eastern States.

Popeyes and Burger King will be available in the future, making this a win-win situation for everyone involved.\

Will Burger King and Popeyes Consolidate Their Franchises?

Burger King and Popeyes aim to consolidate their restaurants and drive-thrus, following in the footsteps of Taco Bell and Pizza Hut.

Nearly the next several years, RBI intends to join the ranks of over 10,000 North American restaurants.

In addition, drive-thrus allow consumers to order meals from any of the two franchises at any time. As a result, in the future, you may be able to order a Whopper with Creole-style rice.

What foods will the Popeyes and Burger King drive-thrus serve?

When it comes to Burger King, not much has changed, but Popeyes is planning some changes.

Price increases and product rebranding are possibilities for items that didn’t do well in the past.

Some of their most popular items may still be available, though. Changes at Popeyes and Burger King will be modest, so customers won’t notice anything different when they visit.

After Popeye’s merger, did Burger King encounter difficulties with its brand?

When two companies unite there is always discussion about how their respective brands will fare in the wake of the merger. What happened to the brand image of Burger King and Popeyes after RBI’s acquisition?

As a result, many market analysts predicted the brand would face difficulties since each product it supplied was so dissimilar from the others. Many consumers have welcomed the move, and this has not been a problem so far.

Will Tim Hortons and Burger King Merge?

As soon as Popeye’s was purchased by the company that runs Burger King, several speculated that a merger with Tim Horton was coming.

Some American cities have franchised locations of Tim Horton’s but the majority of them are located in Canada.

Indeed, this might lead to a merger between Tim Hortons and Burger King franchisees in the United States. If this is the case, Burger King’s profitability might increase, resulting in longer market viability.

See our linked blogs on how much it costs to buy a Burger King franchise if Burger King accepts Apple Pay, and where Burger King source its beef for more information.

Bottom Line

Popeyes was purchased by International Restaurant Brands, the corporation that controls Burger King.

If you argue that Burger King bought out Popeyes, you’re implying that Burger King doesn’t exist as a stand-alone corporation.

As a result, Burger King has teamed up with Popeyes and will soon join Tim Hortons in its alliance. If you’re a Whopper fan in the United States, there is fantastic news for you.

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