The acquisition by private equity firm Roark Capital is one of the biggest acquisitions in fast food history, following Inspire Brands’ $11.3bn purchase of Dunkin’ in October 2020. Roark also owns Inspire.
The forecourt and fast food empire owned by Mohsin and Zuber Issa has scooped up Cooplands, adding the UK’s second largest bakery chain to its growing portfolio of brands that includes Greggs, Starbucks, KFC and Subway.