Categories: Latest News

TDR Capital increase shareholding in Popeyes UK & brand lining up 30 new stores

Popeyes have announced they are planning to open 30 new stores across the UK in 2024, doubling their current estate, with the first of which is in Hammersmith.

 

Within the first tranche of new stores that are set to open include sites in Aberdeen, Birmingham, Nottingham, Swansea, plus an restaurant in Waterloo Train Station, in London.

 

In August 2023, TDR Capital, the private equity firm, invested £50m into Popeyes UK, the UK branch of the Restaurant Brands International (RBI) chain. At the start of 2024, TDR Capital increased its shareholding, putting them as controlling owners of the UK Business.

 

RBI acquire Carrols Restaurant Group for $1bn, which included 60 Popeyes Restaurants.

 

Popeyes opened their first store in Czech Republic in November 2023, whilst they agreed a franchise agreement for Kazakhstan in Q4 2022.

 

Read More:

TimeOut

Restaurant Online

The Grocer

fb-connect

Recent Posts

Queensway to double Starbucks portfolio

Queensway, an established franchise partner of Starbucks, is preparing for a major expansion across the…

2 weeks ago

Pret A Manger opens new motorway stops with Roadchef

Pret A Manger is expanding its presence on UK motorways with the launch of three…

2 weeks ago

Chaiiwala opens first Nottingham shopping centre site in partnership with Splendid Hospitality Group

Indian street food brand Chaiiwala has expanded its footprint by opening a third location in…

2 weeks ago

Zambrero Glasgow – “exceeded all expectations’”

Scottish Zambrero franchisee Dan Hawley has said the brand’s launch in Scotland has surpassed all…

2 weeks ago

Sandwich Sandwich debuts grab & go store at Broadgate opening

Sandwich Sandwich is marking the launch of its newest location, its first ever grab and…

3 weeks ago

Auntie Anne’s to open 10 new locations in 2026

Snack brand Auntie Anne’s plans to open 10 new locations in 2026 as it works…

3 weeks ago