Overview

• The mandate covers the Argentine business as part of a package that also includes Burger King operations in Chile and Mexico, with BBVA already approaching prospective buyers.
• Potential suitors being sounded out include Inverlat, Desarrolladora Gastronómica (owner of Kentucky, Sbarro and Chicken Chill) and Ecuador’s Int Food Services, according to local reports.
• Alsea says it will continue operating Starbucks in Argentina and declined to comment further, directing inquiries to its institutional channels.
• Burger King’s Argentine footprint is reported at roughly 116–118 restaurants across multiple provinces, and the brand now ranks behind McDonald’s and Mostaza.
• The process follows Alsea’s 2024 sale of Burger King Spain to Cinven and comes as burger chains in Argentina face falling consumption, higher costs and stronger competition.