QSR operator Rex Concepts Group unveils plan for IPO

Rex Concepts Group, which holds the maestro franchise rights for Burger King and Popeyes successful Poland, Czechia and Romania, has unveiled plans for an archetypal nationalist offering (IPO) and to database its shares connected the Warsaw Stock Exchange.

The QSR operator’s absorption committee expects the merchantability of recently issued shares to make up to 560m zlotys ($153m) successful gross proceeds.

According to Rex Concepts Group, the superior volition beryllium utilized to thrust its “strategic objectives”. This includes backing its existing concern program and expediting the rollout and enlargement of its existent brands crossed its contiguous markets.

The proceeds whitethorn besides beryllium utilized for imaginable consolidation moves successful Central and Eastern Europe (CEE) markets, the instauration of an further merchandise class oregon marque to its line-up, and introduction into caller territories.

The company’s sole shareholder is presently Luxembourg-incorporated Rex Invest CEE, which is indirectly controlled by McWin Partners.

Rex Concepts Group absorption committee president Olgierd Danielewicz said: “We are pleased to beryllium taking the adjacent measurement successful the company’s improvement arsenic we hole for its marketplace debut.

“We judge that the offering and the company’s listing connected the Warsaw Stock Exchange volition alteration america to capitalise connected the opportunities disposable successful the nationalist marketplace and present our ambitious plans, including the enlargement of the Popeyes and Burger King networks to astir 850 restaurants by 2032, of which much than 700 are expected to beryllium company-operated.

“Our purpose is to grow our level into caller markets successful Central Europe and gradually grow our portfolio with caller brands from the QSR sector.”

Rex Concepts Group was created successful 2022, launching with 20 restaurants tally straight by the company.

By the extremity of 2025, the group’s company-operated property had grown to 159 outlets, including 65 Popeyes units and 94 Burger King sites.

This year, the institution plans to unfastened astir 70 caller restaurants.

"QSR relation Rex Concepts Group unveils program for IPO" was primitively created and published by Verdict Food Service, a GlobalData owned brand.

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