Black Shamrock Partners Completes Sale of Smashburger to Jollibee Foods Corporation
Global Restaurant Group Buys Full Control from BSP
Black Shamrock Partners (BSP), formerly Consumer Concept Group & Affiliates, today announced that Jollibee Foods Corporation (PSE: JFC), Asia's largest food service company, has acquired the remaining 15 percent of Smashburger, the Denver-based 'better burger' concept, bringing Jollibee full ownership of the brand.
In 2015, Smashburger entered into a strategic partnership with Jollibee Foods Corporation to sell 40 percent of the Company at a $335M USD value ...
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