Philippines $4.2 Billion Largest Restaurant Chain Jollibee Buys 70% of South Korea Compose Coffee at $340 Million Valuation, Elevation Equity Partners Korea to Buy 25% & Titan Dining II to Buy 5% of Compose Coffee, South Korea Compose Coffee Founded in 2014 & Has 2,470 Stores
5th July 2024 | Hong Kong
Philippines largest restaurant chain Jollibee (5/7/24: $4.2 billion market value) has announced to buy 70% of South Korea Compose Coffee at $340 million valuation, with Elevation Equity Partners Korea to buy 25% & Titan Dining II to buy 5% of Compose Coffee. South Korea Compose Coffee was founded in 2014 (Busan), and has around 2,740 stores. In 2019, Jollibee bought Coffee Bean & Tea Leaf for $350 million ($100 million for 80% shareholding, $250 million in advances). Jollibee is the flagship brand of Jollibee Foods Corporation, the largest and fastest growing Asian restaurant company in the world. With 100 stores in North America, over 1500 stores across the globe and many more yet to come, our mission is to spread the joy of eating.
“ Philippines $4.2 Billion Largest Restaurant Chain Jollibee Buys 70% of South Korea Compose Coffee at $340 Million Valuation, Elevation Equity Partners Korea to Buy 25% & Titan Dining II to Buy 5% of Compose Coffee, South Korea Compose Coffee Founded in 2014 & Has 2,470 Stores “
Philippines $4.2 Billion Largest Restaurant Chain Jollibee Buys 70% of South Korea Compose Coffee at $340 Million Valuation, Elevation Equity Partners Korea to Buy 25% & Titan Dining II to Buy 5% of Compose Coffee, South Korea Compose Coffee Founded in 2014 & Has 2,470 Stores
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