WebNov 15, 2024 · Under the terms of the agreement, RBI will acquire Firehouse Subs for $1.0 billion in an all-cash transaction. RBI plans to fund the acquisition through a combination of cash on hand and debt. The transaction is expected to close in the coming months subject to satisfaction of customary closing conditions and regulatory approvals. WebDec 23, 2024 · Firehouse Subs CEO Don Fox says learning from new sibling brands Burger King, Tim Hortons and Popeyes has been a key benefit since joining RBI. “He has operated on a scale—especially on the international front—that we aspire to,” said Fox, the last person to hold the chief operations post until he was promoted to CEO in 2009.
Restaurant User Management - RBI
WebNov 16, 2024 · Founded in 1994 by brothers and former firefighters Chris and Robin Sorensen, Firehouse Subs had been a privately held company since store one in Jacksonville, Florida, to the 1,200th. On Monday that changed as RBI agreed to purchase the brand for $1 billion in an all-cash transaction. WebNov 16, 2024 · RBI announced Monday that it had reached a deal to buy Firehouse Subs, not the larger but more embattled Subway chain that had been a rumored acquisition target. … crystal tax llp
Tim Hortons parent Restaurant Brands buying Firehouse Subs chain ... - CBC
WebNov 16, 2024 · Firehouse Subs has nearly 1,200 locations in 46 states, Canada and Puerto Rico, and CEO Don Fox says he has "very aggressive goals" for the brand under RBI. Like Firehouse, Fox said RBI’s brands “have a strong history of being committed to quality,” something that was mutually attractive. WebNov 15, 2024 · 11.15.2024. By Erica Shaffer. TORONTO – Restaurant Brands International Inc. (RBI), parent company of Burger King, Popeyes and Tim Hortons, expects to add sub sandwiches to its portfolio in the ... WebNov 15, 2024 · Restaurant Brands International has entered into an agreement to acquire Firehouse Subs for $1 billion in an all-cash transaction, the company announced Monday. … crystal tax refund ltd