The restaurant operator will acquire 15 equity restaurants operated under the KFC systems

Frankfurt—Global law firm Dentons advised AmRest Holdings SE on its acquisition of 15 Kentucky Fried Chicken restaurants in Germany. Under the signed agreement, which is expected to take effect in the first quarter of 2017, Amrest will acquire the restaurants as well as the license to operate and develop the KFC brand in parts of Germany. The estimated purchase price is €10.3 million.

AmRest is the largest publicly listed restaurant operator in Central Europe. AmRest operates more than 1,100 restaurants and cafés in 13 countries under a number of well-known brands, including KFC, Pizza Hut, Burger King and Starbucks, among others. The company already runs more than 500 KFC restaurants in eight countries.

The Dentons team, led by Frankfurt-based Counsel Till Buschmann, advised AmRest throughout the transaction on all German law aspects. In the first half of this year, Buschmann acted already as lead counsel in AmRest’s acquisition of Starbucks’ German subsidiary. In addition, he advises AmRest on other ongoing corporate law matters. In 2015, local Dentons teams also assisted AmRest in acquiring the Starbucks franchises in Romania and Bulgaria.

Advisor AmRest Holdings SE:
Dentons (Frankfurt/Berlin): Till Buschmann (Counsel, lead, Corporate/M&A), Andreas Ziegenhagen (Partner, Corporate/M&A), Sven-Oliver Friedrich (Counsel, Corporate/M&A), Sabine Wieduwilt (Counsel, Real Estate), Dr. Josef Hainz (Counsel, Competition), Dr. Michael Seppelt (Counsel, Tax), Matthias Stelzer (Counsel), Isabelle Puhl (Associate, both Employment).