ALSEA CONCLUDES SALE OF BURGER KING IN SPAIN

Mexico City, December 2, 2024 – Alsea, S.A.B. de C.V. (BMV: ALSEA*) “Alsea”, the leading Quick Service Restaurant (QSR), Coffee Shop, and Full-Service Restaurant operator in Latin America and Europe, informs that, in accordance with the transaction announced on August 5, 2024, the sale of the restaurant operation of the Burger King Spain, S.L.U. brand was concluded.

This transaction represents the Company’s commitment to simplify its brand portfolio with the objective of growing through efficiencies that increase the company’s profitability.

 

Miranda Newswire – Full Press Release: Download PDF

 

Investor Relations Contact:

Gerardo Lozoya | Investor Relations | ri@alsea.com.mx | 55 7583 2000

Julia Torres Ávila | Investor Relations | ri@alsea.com.mx | 55 7583 2000

 

Press Contact:

Nadia Vizcaíno | PR and Corporate Communication | nadia.vizcaino@alsea.com.mx |614 175 7400 

Mario Páez | PR and Corporate Communication | mario.paez@alsea.com.mx | 55 2737 1981 

 
Limitation of Liability
This press release contains certain forecasts or projections, which reflect the current view or expectations of Alsea and its management with respect to its performance, business, and future events. Alsea uses words such as “believe”, “anticipate”, “plan”, “expect”, “intend”, “target”, “estimate”, “project”, “predict”, “forecast”, “guidelines”, “should”, and other similar expressions to identify forecasts or projections, but this is not the only way in which it refers to them. Such statements are subject to certain risks, contingencies, and assumptions. Alsea cautions that many factors could cause the actual results to differ materially from the plans, objectives, expectations, estimates, and intentions expressed in this press release. Alsea is under no obligation and expressly abdicates any intention or obligation to update or modify any forecast or projection that may result from new information, future events, or any other reason.
 
About Alsea
Alsea is the leading restaurant operator in Latin America and Europe of global brands in the quick service, coffee shop and full-service restaurants segments. It has a diversified portfolio, with brands such as Domino’s Pizza, Starbucks, Burger King, Chili’s, P.F. Chang’s, Italianni’s, The Cheesecake Factory, Vips, Archies, Foster’s Hollywood, Gino’s, and TGI Fridays. The company operates more than 4,700 units in Mexico, Spain, Argentina, Chile, Colombia, France, Portugal, Netherlands, Belgium, Luxembourg, Uruguay and Paraguay. Alsea’s business model includes support for its brands through a Shared Services Center that provides all the Administrative and Development Processes, as well as the Supply Chain. For more information please visit: www.alsea.com.mx.
Their shares are traded on the Mexican Stock Exchange under the ticker symbol ALSEA*

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