Amsterdam, 12 September 2023
Multi Corporation expands fast-food portfolio with acquisition of KFC
Amsterdam, September 12th, 2023 – Multi Corporation, a European retail management and development company, proudly announces its recent acquisition of a KFC fast-food restaurant located in Sittard, the Netherlands. This investment represents Multi Corporation’s second acquisition in the fast food sector within just 8 months, following the successful addition of a Burger King in Rotterdam in January 2023.
In a challenging economic climate marked by inflationary pressures affecting various industries, the fast-food sector has demonstrated resilience. This market trend aligns with Multi Corporation’s strategic vision to expand its investment portfolio in the fast-food industry and reflects Multi Corporation’s confidence in the long-term potential of the sector.
Rogier Hetterschijt, Head of Acquisitions at Multi Corporation, commented: “The addition of the KFC restaurant in Sittard strengthens our portfolio of fast-food restaurants and underscores our commitment to the asset class in the Netherlands. We are dedicated to meeting the evolving needs of consumers and the market, and we look forward to further expanding our portfolio.”