Burger King Announces JV with Everstone Group in India

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Burger King Worldwide
BKW
and Everstone Group, a leading private equity and real estate firm in India and South East Asia, today announced the establishment of a joint venture to develop the BURGER KING® brand presence in India.  Under the terms of the partnership, the joint venture has signed a long-term master franchise and development agreement which includes sub-franchise rights for all of India. "After a very thorough process, we chose Everstone as our partner based on its history, business acumen and command of the massive and complex India market," says Elias Diaz Sese, president, BK AsiaPac Pte. Ltd.  "Everstone's operating capabilities and significant experience within the food and beverage space make it the ideal partner." Over the next few months, Everstone will work together with BK AsiaPac Pte. Ltd. to set up the supply chain in
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