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AmRest LLC history
AmRest LLC company history timeline
In May 1993 Henry McGovern and Don Kendall jr move to Poland with the idea to be a part of the history being made in CEE from the collapse of the USSR. On July 2nd they win the auction to buy Rynek 48 in Wroclaw, thus begins the company and the first WJM story.
In 1998, AmRest acquired Yum! in the Czech Republic.
In 2001, AmRest acquired International Fast Food Polska Sp. z o.o. (IFFP), the Burger King operator in Poland.
In April, 2005, AmRest made its successful debut on the stock exchange and Yum! ceased to form part of the company.
Another success in 2010 was the opening of the first Starbucks in Hungary.
In 2011, AmRest bought shares in the Spanish company Restauravia.
In 2015 large private equity fund, Finaccess, decided to invest in AmRest and acquired 31.71% stake in our Company from Warburg Pincus.
AmRest became the master-franchisee of Pizza Hut Express and Delivery restaurants in CEE. In 2016, following the settlement of the tender offer for sale of shares in AmRest, the Finaccess Group became the majority shareholder of our Company.
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AmRest LLC may also be known as or be related to AMREST LLC, AmRest and AmRest LLC.