Restaurant Brands Asia Welcomes New Promoter as Inspira Global Takes Over

Restaurant Brands Asia Ltd. on Monday announced a change in ownership, with Inspira Global set to acquire a controlling interest in the company, subject to regulatory approvals.

RBA operates Burger King® in India and both Burger King® and Popeyes® in Indonesia. The acquisition will see the complete exit of current promoter QSR Asia Pte. Ltd., majority owned by Everstone Capital.

The transaction will be carried out at ₹70 per share and will involve a multi-layered capital infusion, including equity and warrants, in addition to the acquisition of QSR Asia’s 11.26% shareholding.

Reacting to the announcement, Rajeev Varman, Whole-time Director and Group Chief Executive Officer of RBA, said the company is excited to welcome Aayush Agrawal and Inspira Global as the new promoter. He added that RBA will continue to operate with its existing leadership team, operational structure, and brand identity fully intact.

According to the company, the transaction is expected to provide long-term capital support while allowing RBA to remain focused on executing its growth plans across markets.