In August 2010, Quadrant investee company Quick Service Restaurants contracted to acquire a competitor in Western Australia. The acquisition will add an additional 40 chicken fast food stores to the network and provide further critical mass in WA. Following this acquisition, QSR will have over 600 stores (both company and franchisee) across its network of Red Rooster, Oporto and Chicken Treat businesses. The bolt-on acquisition is complementary to the existing store network and is expected to deliver significant synergy benefits to franchisees.
Writen by Global Administrator, 14/03/2016 News