Overview
- Industry reports say the sale process is underway with no agreement announced and timelines likely measured in months.
- The move is part of a broader regional divestment that also targets Burger King operations in Chile and Mexico, echoing Alsea’s 2024 sale in Spain to Cinven.
- BBVA has begun approaching potential bidders including Inverlat, Desarrolladora Gastronómica (DGSA) and Int Food, alongside investment funds and regional operators.
- Coverage places Burger King’s Argentine footprint at roughly 110–118 restaurants, with performance pressured by weak consumption, cost inflation and intensified competition from Mostaza and artisanal concepts.
- Alsea intends to keep operating Starbucks in Argentina, and sector sources expect the Burger King brand and most stores to continue under a new operator; the company declines to comment on market rumors.