Economics

In the News

Wimpy snaps up Gourmet Burger Kitchen

2nd September 2016

Another merger story - although it seems to be a case of conglomerate merger. South African firm Famous Brands already owns Wimpy and has decided to buy Gourmet Burger Kitchen (GBK) strengthening its UK portfolio.

This might diversify its risk whilst allowing it to gain economies of scale in other areas too. GBK was owned by Capricorn Ventures, the owner of Nandos!

Competition in the premium burger sector is intensifying not least with the entry and rapid growth of Five Guys on the UK retail scene.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.