Carrols Restaurant Group has recently made headlines due to its acquisition by Restaurant Brands International for $1 billion. This acquisition is significant as it marks a major development in the fast-food industry, with Restaurant Brands International planning to remodel 600 Carrols-owned restaurants. Carrols Restaurant Group's extensive portfolio of over 1,000 Burger King locations and 55 Popeyes restaurants makes it a key player in the franchisee sector.
Established in 1960, Carrols Restaurant Group has a long-standing history in the food industry. The company has been operating Burger King franchises since 1976, steadily expanding its presence over the years. With a focus on providing quality fast food to customers, Carrols has become the largest Burger King franchisee globally. The acquisition by Restaurant Brands International is expected to further enhance Carrols' position in the market and drive growth opportunities for the company.