Restaurant Brands International

Restaurant Brands International Inc.
Company typePublic
IndustryFoodservice
FoundedDecember 15, 2014; 9 years ago (2014-12-15)
Headquarters,
Canada
Number of locations
30,000 (2024 (2024))
Area served
Worldwide
Key people
J. Patrick Doyle (executive chairman)
Joshua Kobza (CEO)
RevenueIncrease US$7.02 billion (2023)
Increase US$2.05 billion (2023)
Increase US$1.72 billion (2023)
Total assetsIncrease US$23.39 billion (2023)
Total equityIncrease US$4.73 billion (2023)
Owners3G Capital (30.8%)
Capital World Investors (7.9%)
Pershing Square Funds (6.3%)
Number of employees
6,300
SubsidiariesBurger King
Tim Hortons
Popeyes
Firehouse Subs
Carrols Restaurant Group
Websiterbi.com
Footnotes / references
[1][2][3]

Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company. It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the 2017 purchase of American fast-food chain Popeyes. The company is the fifth-largest operator of fast food restaurants in the world after Subway, McDonald's Corporation, Starbucks and Yum! Brands. They are based alongside Tim Hortons in Toronto (previously Oakville, Ontario).[4] For multiple purposes, Burger King and Popeyes retain their existing operations and headquarters, both in Miami. The 2014 merger focused primarily on expanding the international reach of the Tim Hortons brand and providing financial efficiencies for both companies.

3G Restaurant Brands Holdings LP, an affiliate of the Brazilian investment company 3G Capital, owns a 32% stake in Restaurant Brands International.[5] The company is publicly traded on the New York Stock Exchange and the Toronto Stock Exchange.

In March 2023, Joshua Kobza was named the CEO of Restaurant Brands International, replacing Jose Cil, who had held the role since 2019.

  1. ^ "2021 Proxy Statement" (PDF). Restaurant Brands International. Retrieved April 22, 2021.
  2. ^ https://s26.q4cdn.com/317237604/files/doc_financials/2020/ar/Restaurant-Brands-International-%E2%80%93-2019-SEC-Form-10-K-Annual-Report.pdf [bare URL PDF]
  3. ^ "RESTAURANT BRANDS INTERNATIONAL INC. 2019 Form 10-K" (PDF).
  4. ^ Kalinowski, Tess (April 17, 2018). "Tim Hortons to move its Canadian head office". Toronto Star. Retrieved April 17, 2018.
  5. ^ "3G Capital selling $3 billion shares in Burger King owner". Reuters. September 4, 2019.