Restaurant Brands International (RBI) partners with CPE to expand Burger King in China. CPE will own 83% of Burger King China, injecting $350m for growth to 4,000 restaurants by 2035. The deal aims to double the estate within five years.

CPE’s investment reflects confidence in Burger King’s potential in China. A 20-year master development agreement gives exclusive rights for brand development in the country, advancing RBI’s strategy for a more franchised model.

RBI CEO Kobza sees China as a key long-term market. The joint venture with CPE combines global brand strength with local expertise for Burger King China’s growth. The deal is set to finalize in the first quarter of 2026 pending regulatory approvals.

Read more at Yahoo Finance: CPE takes majority of Burger King China business