Burger King Austria Acquires Rosenberger Motorway Restaurants

CompaniesOther ♦ Published: February 27, 2019; 17:16 ♦ (Vindobona)

The Austrian franchisee TQSR of the US fast food chain Burger King has purchased 100% of the shares in Rosenberger Restaurant GmbH, which is currently undergoing restructuring, and is financing the 20% quota offered to creditors in the restructuring plan. The transaction value for the 14 Rosenberger Restaurant locations, including the net financial liabilities assumed, amounts to approximately EUR 9 million.

Austrian Burger King master franchisee and developer TQSR Holding und Development GmbH, a company of the THEOPHIL Group owned by the family of the Viennese business lawyer Dr. Dieter Spranz, takes over the Rosenberger Restaurants. / Picture: © BURGER KING®

The Austrian Burger King master franchisee and developer TQSR Holding und Development GmbH (TQSR), a company of the THEOPHIL Group owned by the family of the Viennese business lawyer Dr. Dieter Spranz, takes over the Rosenberger Restaurants.

The transaction is subject to the approval of the agreed restructuring plan, which is to take place in the restructuring plan convention…

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