Deal graveyard: S.Korean F&B franchise sales left without takers

Korean food is making waves globally, but back home, the story is different for food and beverage franchise operators. Franchisors in South Korea ar...

KFC’s Korean operations up for sale

Orchestra Private Equity has begun the process of divesting the South Korean operations of fast-food chain KFC, which has seen earnings growth since...

Mom's Touch adds two new restaurants in Mongolia

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Friday that it has recently opened its sixth and seventh stores i...

PwC's Korean member taps new chiefs, creates finance unit

Samil PricewaterhouseCoopers (PwC), a South Korean member firm of PwC International Ltd., has appointed new chiefs of its key units and created a fi...

Samil PwC expands global foothold with Carlyle's Japan KFC deal

Global accounting industry leader PricewaterhouseCoopers’ South Korean member firm is expanding its foothold with global mergers and acquisiti...

Korea’s troubled kimchi fridge maker Winia seeks new owner

Winia Co., South Korea’s troubled kimchi refrigerator manufacturer under court receivership, is looking for a new owner to save the company fr...

KFC Korea to start franchise business for faster growth

Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark 40 years of busines...

POSCO DX to team up with PwC Consulting for smart factory business

POSCO DX Co., formerly POSCO ICT Co.,  the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Monday that it h...

PwC’s S.Korean member to focus on SE Asia acquisition deals

Samil PricewaterhouseCoopers, the South Korean member firm of global accounting industry leader PwC, aims to focus on overseas acquisition deals of ...

Orchestra PE acquires KFC Korea for about $50 mn

Asia-focused Orchestra Private Equity agreed on Wednesday to buy a 100% stake in the South Korean operations of fast food chain KFC for around 60 bi...

McDonald’s to sell Korea operation, heating up burger M&As

McDonald’s Corp., the world’s top fast-food restaurant operator, is seeking to sell its South Korean business, heating up the mergers an...

Coffeebanhada, known for robot barista, seeks investment for expansion

Coffeebanhada, a South Korean budget coffee chain operator, is seeking to attract investment from private equity funds and strategic investors.Accor...

Hyundai Robotics, KFC team up to make chicken-frying robot chefs

Hyundai Robotics Co. and global fried chicken franchise KFC have agreed to jointly develop automated chicken-frying robots as the South Korean industr...