MIAMI — Burger King has a new master franchisee in Canada.
Burger King Worldwide, Inc. has announced the sale of its Canadian subsidiary, Burger King Restaurants of Canada — which includes 94 company-owned restaurants — to Redberry Investments Corp, a privately owned company.
“We believe there is tremendous opportunity to grow the Burger King brand in Canada,” said Steve Wiborg, chairman of North America, Burger King Worldwide, Inc. “I look forward to working with our master franchisee as they help expand our footprint across the country by delivering superior products and a positive guest experience in an inviting dining environment.”
Redberry will be rolling out a new restaurant opening program and remodel the company’s restaurants to the global 20/20 standard in the next three years. It will be setting up corporate offices in Toronto, Montreal and Detroit and have more than 6,000 corporate employees.
Established in 2005, Redberry is owned by three shareholders, Robert Laverdure, Andreas Kragaris and Christian LeBrun.