Signalling a major bet on India’s fast-growing QSR sector, Inspira Global has entered into definitive agreements to acquire a controlling stake in Restaurant Brands Asia Ltd..
RBA operates Burger King® in India and Burger King® and Popeyes® in Indonesia, making it one of the largest listed QSR operators in the region. The transaction will result in the exit of QSR Asia Pte. Ltd., the existing promoter, which is majority owned by Everstone Capital.
The acquisition includes the purchase of QSR Asia’s entire stake for approximately ₹460 crore, along with fresh capital infusion of nearly ₹1,500 crore through equity and warrants. These investments will trigger a mandatory open offer to public shareholders.
Inspira Global will route the transaction through Lenexis Foodworks Private Limited, which has a strong operating presence in the QSR segment through its Chinese Wok brand.
The deal remains subject to approvals from shareholders, regulators, and the Competition Commission of India.
