The Taco Bell in Batavia is one of 85 KFC and Taco Bell locations acquired by KBP Foods.
Here's the press release:
KBP Foods, one of the largest YUM! Brands franchisees in the country, announced last week that it has acquired 85 KFC and Taco Bell restaurants, including 18 in New York.
This acquisition comes as part of the company’s continued expansion. Since 2011, KBP Foods has grown from 64 restaurants to 449 KFC and Taco Bell restaurants across 20 states.
“This acquisition represents another significant milestone for our business, and we are proud to strengthen our footprint in New York,” said Mike Kulp, President & CEO, KBP Foods. “We remain focused on strategic growth that creates value for our business and career advancement opportunities for our employees. This acquisition achieves both of those goals – strengthening KBP Foods’ presence in several key markets, while accelerating professional growth for employees across our organization.”
“KBP Foods continues to pursue growth opportunities that make sense for our business, and this acquisition was a perfect fit,” said Barry Dubin, Chief Development Officer, KBP Foods. “The newly acquired restaurants complement KBP Foods’ geographic footprint, adding density to many of our existing markets while creating expansion into several adjacent areas.”
KBP Foods has been named a 2017 “Champion of Business” by the Kansas City Business Journal, which evaluates companies based on three key areas – financial performance and growth, innovation and charitable giving. In 2017, KBP Foods will raise and donate $1.3 million and 30,000 volunteer hours to new and existing charity partners (KBP Foods partners with local nonprofit organizations in every market it serves).
KBP Foods has also been named one of the 10 Fastest-Growing Restaurant Chains and one of the Top 100 Fastest-Growing Businesses in North America.
