In the News

Takeover Strategy: Can Wimpy Move Upmarket with GBK Takeover?

Jim Riley

4th September 2016

Upmarket burger chain GBK (Gourmet Burger Kitchen) is now to be owned by the same business as Wimpy following a £120m takeover.

GBK has been sold by venture capitalists Capricorn Ventures, who also own Nando's.

For Famous Brands, the current owners of Wimpy, the GBK takeover provides an opportunity to increase the size of its UK-located restaurant portfolio.

Are there many synergies between Wimpy and GBK? It's hard to see too many significant ones; perhaps it will provide some greater bargaining power with certain suppliers.

Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.