The Polish AmRest becomes the owner of bakeries "Daily bread" and "Filippov"

The Polish AmRest holding which develops to Russian Federation the KFC and Pizza Hut networks according to franchize, becomes the co-owner of bakeries "Daily bread" and "Filippov". It became known of it on Monday from the message of companies. For this purpose AmRest will be created by joint venture from the British LPQ Russia Ltd where the parties will receive on 51% and 49% respectively. To the educated companies will pass the rights for the Daily Bread, Filippov, Our Bread and Andreevsky Bakeries trademarks. It is expected that the transaction will close in June, 2018. The amount of transaction does not reveal...