:strip_icc()/i.s3.glbimg.com/v1/AUTH_da025474c0c44edd99332dddb09cabe8/internal_photos/bs/2024/k/r/hrgbYHQsCKK3Md5Ptyhw/410618969.jpg "Burger King Argentina Closure: What You Need to Know")
Burger King Argentina Closure: What You Need to Know
- Here's a breakdown of the key information from the provided text:
- * Alsea is looking to sell its Burger King operations in Argentina.
Here’s a breakdown of the key information from the provided text:
* Alsea is looking to sell its Burger King operations in Argentina. Banco BBVA has been tasked with finding a buyer, targeting investment funds, local food industry groups, and international fast food operators.
* Alsea still operates in Argentina. Despite selling Burger King, the company will continue to operate its Starbucks business in the country.
* Burger King’s presence in argentina: The chain arrived in 1989 and currently has 118 stores across multiple provinces.
* Recent Alsea Sales: Alsea previously sold its Burger King operation in Spain to Cinven.
* Market Context: The fast food sector in Argentina is facing challenges due to general consumption stagnation.
* Countries with License: The Burger King license alsea holds includes Chile,but not Mexico.
* Related News: The article links to pieces about Burger King losing a legal action and a comparison favoring Madero as the best hamburger, and also McDonald’s sales increase through promotions.