Is Boston Market Owned By McDonald's?
McDonald's Corp., the Illinois fast-food giant that owns Boston Market, is selling the chain to the Florida buyout firm to focus on hamburgers. ... McDonald's acquired Boston Market's operations for $176.2 million in May 2000.
Does Mcdonalds own Boston Market?
Sun Capital Partners has owned Boston Market since 2007, when it was sold by McDonald's. People close to the matter said Boston Market could fetch about $400 million in a sale, Bloomberg reported.
Boston Market could be sold by Sun Capital Partners for $400 million
Who made Boston Market?
Who owns Boston Market now?
Boston Market announced Wednesday that it has been acquired by Engage Brands, LLC from affiliates of Sun Capital Partners. The terms of the deal were not disclosed. Engage Brands operates under the Rohan Group of Companies, owned by real estate investor and restaurant operator Jay Pandya.
Boston Market Acquired by the Rohan Group of Companies
Why did McDonald's buy Boston Market?
Some believe McDonald's was more interested in Boston Market's real estate than its menu. Neil Stern, partner at McMillan/Doolittle, Chicago, told SN, "Buying these units gives them the ability to expand their Chipolte Mexican Grill and Donatos Pizza concepts. This was very opportunistic for them.
MCDONALD'S TO BUY BOSTON MARKET | Supermarket News