M&A Deal Summary

Yum Acquires Little Sheep Group

On April 26, 2011, Yum acquired restaurant Little Sheep Group for 586M USD

Acquisition Highlights
  • This is Yum’s 1st transaction in the Restaurants sector.
  • This is Yum’s largest (disclosed) transaction.
  • This is Yum’s 1st transaction in China.

M&A Deal Summary
Date 2011-04-26
Target Little Sheep Group
Sector Restaurants
Buyer(s) Yum
Deal Type Add-on Acquisition
Deal Value 586M USD

Target

Little Sheep Group

Baotou, China
website
Little Sheep Group Ltd. is a hot pot restaurant chain with branches throughout Asia and internationally. It operates company-owned and franchise restaurants specialising in Mongolian-style hot pot cuisine throughout China and Hong Kong as well as Macau, Japan, the US, Canada and Indonesia. The company differentiates itself from other hotpot restaurants by offering high quality Mongolian mutton cooked in a “special recipe” soup base which was created by its founder.

Search 192,510 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Yum

Louisville, Kentucky, United States

website

Category Company
Founded 1997
Sector Restaurants
Employees38,000
Revenue 6.8B USD (2022)
DESCRIPTION

Yum is a restaurant company with over 40,000 restaurants in more than 130 countries and territories. Primarily through the three concepts of KFC, Pizza Hut and Taco Bell, the Company develops, operates, franchises and licenses a worldwide system of restaurants which prepare, package and sell a menu of competitively priced food items. Units are operated by a Concept or by independent franchisees or licensees under the terms of franchise or license agreements. Franchisees can range in size from individuals owning just one restaurant to large publicly-traded companies. Yum was founded in 1997 and is based in Louisville, Kentucky.

DEAL STATS #
Overall 1 of 6
Sector (Restaurants) 1 of 2
Type (Add-on Acquisition) 1 of 5
Country (China) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 Celebration Restaurant Group

Celebration, Florida, United States

Celebration Restaurant Group LLC is a Pizza Hut, Taco Bell and Kentucky Fried Chicken franchisee that owns and operates 170 restaurants in the Southeastern and Midwestern US.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-12 Pizza Hut

Milton Keynes, United Kingdom

Pizza Hut (UK) Ltd. is a casual dining brand that owns 330 dine-in restaurants. Pizza Hut (UK) Ltd. was established in 1972 and is based in Milton Keynes, United Kingdom.

Sell -
Mergr

Product

Company

Legal