Pizza Hut is SOLD.................to China

Pizza Hut Asia is sold to China.

  • Buyer: Yum China Holdings, a separate, independent restaurant company.
  • Purchase Price: Approximately $1.2 billion.
  • Context: Unlike the struggling U.S. business, the Pizza Hut brand in China has experienced strong sales and steady growth, making it a lucrative asset for Yum China
And supposedly Pizza Hut America and Pizza Hut International is sold to LongRange Capital.

LongRange Capital is a private equity firm founded by Robert (Bob) Berlin that specializes in long-term middle-market investments. Unlike traditional private equity funds, it implements a highly flexible, extended hold period (8-10+ years) and invests $50 million to $400 million per transaction to acquire control or minority stakes.

I couldn't find anyone listed online that owns or has parts of LongRange Capital, so it must still be an American company. Lets hope.

My question is..........if the Chinese Pizza Huts are outdoing the US.......WHY sell it? Doesn't make sense.

View attachment 1270340
Because the Chinese can't tell the difference between Real Pizza and cardboard with tomato paste slapped on it.
 
Pizza Hut Asia is sold to China.

  • Buyer: Yum China Holdings, a separate, independent restaurant company.
  • Purchase Price: Approximately $1.2 billion.
  • Context: Unlike the struggling U.S. business, the Pizza Hut brand in China has experienced strong sales and steady growth, making it a lucrative asset for Yum China
And supposedly Pizza Hut America and Pizza Hut International is sold to LongRange Capital.

LongRange Capital is a private equity firm founded by Robert (Bob) Berlin that specializes in long-term middle-market investments. Unlike traditional private equity funds, it implements a highly flexible, extended hold period (8-10+ years) and invests $50 million to $400 million per transaction to acquire control or minority stakes.

I couldn't find anyone listed online that owns or has parts of LongRange Capital, so it must still be an American company. Lets hope.

My question is..........if the Chinese Pizza Huts are outdoing the US.......WHY sell it? Doesn't make sense.

View attachment 1270340
Its the worst pizza in the world
 
Naw, that would be LIttle Caesars

Any Pizza from a chain is going to suck.

You want good Pizza, you get if from a bunch of Italian immigrants who've kept it in the family for a few generations.
Thats bad too
 
Thats bad too

I was just telling my wife last night how some pizza places where I used to live in NY were owned by Albanian families. They did it just about the same and as good the Italians with even more Mediterranean embellishment and interesting toppings. There were some Slovenian owned joints too. For those that dont know, Slovenia is right next door to Italy. That's like Guatamalan food compared to Mexican. Not a whole heckuva lot different to an American.
 
In the US, Pizza Hut shut down its in-store dining experience during the pandemic, and most stayed closed...Domino's beat them out on delivery.
someone posted this a few weeks ago... old is new i guess.

 
someone posted this a few weeks ago... old is new i guess.


All over Chicago, we have "used to be a Pizza Hut" buildings. The design is kind of unique.

One is a car rental place.
Another is a carpet cleaner.
Another is a resturant that failed
 
1781785946596.webp


~S~
 
Bullshit

Bullshit!
Yum China Holdings (YUMC) is paying about $1.2B in cash to acquire full ownership of the Pizza Hut brand and business in Mainland China from Yum Brands (YUM), shifting from being a licensee to the direct brand owner in that market. The acquisition is part of Yum Brands’ broader $2.7B sale of Pizza Hut globally, under which private equity firm LongRange Capital is buying the rest of the chain while Yum China takes the mainland China operations.

That is means Yum China is buying the Pizza Hut operations in China. It has zero to do with Pizza Hut in the US. Some of you need some serious reading remediation.
Have any of you people read this besides Mostboringmanintheworld?

The entire thread is dead and you people keep commenting on a false OP.

This has nothing to do with Pizza Hut here in the US!
 
Pizza Hut Asia is sold to China.

  • Buyer: Yum China Holdings, a separate, independent restaurant company.
  • Purchase Price: Approximately $1.2 billion.
  • Context: Unlike the struggling U.S. business, the Pizza Hut brand in China has experienced strong sales and steady growth, making it a lucrative asset for Yum China
And supposedly Pizza Hut America and Pizza Hut International is sold to LongRange Capital.

LongRange Capital is a private equity firm founded by Robert (Bob) Berlin that specializes in long-term middle-market investments. Unlike traditional private equity funds, it implements a highly flexible, extended hold period (8-10+ years) and invests $50 million to $400 million per transaction to acquire control or minority stakes.

I couldn't find anyone listed online that owns or has parts of LongRange Capital, so it must still be an American company. Lets hope.

My question is..........if the Chinese Pizza Huts are outdoing the US.......WHY sell it? Doesn't make sense.

View attachment 1270340
Why do you hate capitalism? :auiqs.jpg:
 
When I was a kid, a trip to Pizza Hut was incredible! Nobody back then ate pizza 3 times a week; it was a special treat. Delivery was not yet being done. There was Pizza Hut and Pizza Inn for chains. It may be my age, but it tasted better back then too. Today, Pizza Hut is shit. Some changes I have noticed between years ago and today:

1. There is a LOT of black folks owning, running, and working what Pizza Huts remain.

2. Pizza Huts today gives me the sh*ts.

3. Today, there is all sorts of weird sh*t they are doing with pizza, like stuffing the crust with cheese and pepperoni, slathering butter all over it, and serving it with sh*t to dip it in. Look, if your pizza cannot stand on its own as a pizza, then it is not worth eating.

4. Once Dominos came out with delivery, quality went to sh*t. Dominos was not even quality pizza. Today, it is Godawful. I do not think it should even be considered pizza.

The pizza industry has made a lot of money. But, if you want a good pizza, you have to go to some little independent restaurant to get it. In fact, I think there is more of those (and, thus, more good pizza today) as a direct result from Big Pizza bastardizing the product.

The leftist goobers will decry big business, capitalism, and corporations for destroying pizza. But, in fact, these things have SAVED pizza, as there are countless numbers of pizza joints now that make great pies. I have not had a Pizza Hut- Dominos - Papa Johns - Marcos or other sh*t chain in years. I do, however, have a couple of small places here in my town that make great pizza, and they do not jizz it all up with stuffed crusts, dipping sauces, and other crap.
 
15th post
Back
Top Bottom