Source: toydreams.co.uk - Burger King Premiums
Carrols Restaurant Group, Inc. (TAST) became the largest Burger King ("BK") franchisor in the US through a merger with Cambridge Franchise Holdings, announced on February 20, 2019. Also, TAST is a franchisor of Popeyes.
We cannot talk about TAST without first talking about BK and understanding its strategy. Since 1967, BK changed ownership several times. That year, BK was sold to the Pillsbury Company. After several mergers, Diageo plc (DEO) became the owner of BK. In 2002, Diageo sold BK to a consortium of Bain