Olswang is advising Groupe Bertrand, the majority stakeholder in Burger King France, on its exclusive negotiations with Qualium Investissement, the majority stakeholder in hamburger restaurant chain Quick and a subsidiary of French state investment fund Caisse des Dépôts, which will see Groupe Bertrand acquire Quick’s 509 restaurants.
The deal would make Groupe Bertrand the second biggest fast food restaurant group in France, behind McDonald's. The deal would also see the French Quick restaurants rebranded as Burger King. Closing of the deal is subject to the approval of competition authorities and bondholders, as well as a consultation with employee representative bodies.
Olswang France LLP is advising Groupe Bertrand/Burger King France. The team is led by Corporate Partner Christophe Gaschin, with support from Partner Jessica Schinkel, Associates Ian Ouaknine, Stanislas Marmion and Patrick Gérard-Boucher (Corporate); Partner Julien Monsenego and Senior Associate Laurent Ragot (Tax); Partner Karine Audouze and Senior Associate Amandine Racé (Employment); Partner Clara Steinitz and Associate Alya Bloum (IP); as well as Brussels Managing Partner Dirk Van Liedekerke and Brussels-based Associate Joëlle Froidmont (Competition).