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Grupo Desembarco in Advanced Talks to Acquire Burger King Argentina

The Argentine operator says a near-complete review seeks an orderly transition that preserves jobs, suppliers, continuity.

Overview

  • Desembarco says negotiations are in their final stages and signals potential announcements in the coming weeks.
  • BBVA holds the sale mandate and has sounded out other candidates, including DGSA, Inverlat, and Ecuador’s Int Food.
  • Burger King’s local network counts just over 100 restaurants, reported between 116 and 118, ranking third in the market.
  • Desembarco pledges to keep stores operating, protect employment, and maintain local supplier relationships during any handover.
  • Alsea is divesting Burger King regionally while retaining Starbucks and PF Chang’s in Argentina, following a 2024 sale of 54 BK stores in Spain to Cinven.