Burger King Worldwide has struck a joint-venture agreement with Beboca, which will acquire the master franchise rights for the 178 restaurants in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
December 31, 2012 at 12:00 AM
1 minute read
Burger King Worldwide Inc. said Thursday that it has struck a joint-venture agreement with long-time franchisee Beboca Ltd. to help expand the fast-food chain in Central America.
The two companies will establish a new entity named BK Centro America. The venture will acquire the master franchise rights for the 178 restaurants in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama and will develop the brand in these countries.
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