Gregorio Jimenez and families Gallant and Coast They have formed a hard core with 51% of the capital to buy Burger King to Cinven. Point Break, RAM and Peninsula will enter the company as minority shareholders.
This transaction culminates the largest operation in the history of restoration in Spain. Gregorio Jimenezpresident of Restaurant Brands Europe (RBE), closed the purchase of the company from Cinven for more than 2,300 million euros. To carry out the acquisition, it has partnered with the family of Ignacio Galan (president of Iberdrola) and family Coast Cherry (owners of Costa Food).
Within the hard core that will control 51% of the company, Gregorio Jimenez will reinvest to maintain around 20% of the capital. The family Coast will contribute 100 million euros to obtain a percentage greater than 15%, and the family Gallant has invested 80 million through its family office royal park to control about 15%.
Potential IPO
The new majority shareholders have agreed with the global owner of Burger KingRBI, a window to take the company public within four years. According to Gregorio Jimenezthis operation is a natural step in the evolution of RBE that is faced with a long-term vision.
Minority shareholders and details of the operation
Minority shareholders will include the funds Point Break and RAM, Fernando Nunez, Santiago Jimenezthe management team of RBEand soon to Peninsula Capital. The matrix Restaurant Brands International (RBI) will retain a percentage greater than 10% through Burger King Europe. RBI fully supported this new offer led by Jimenez after having vetoed the sale to the Emirati fund two months ago Mubadala.
The acquisition, which is scheduled to close in the first quarter of 2027, values the company at more than 2.3 billion euros, which is equivalent to 9.5 times the ebitda reported in 2025. Cinven completely exits the shareholding, managing to more than double the valuation it RBE had when it took control in 2021. Financing and advice to buyers was led by Santandernext to JPMorgan and A&O Shearman.
A group with 1,200 restaurants and more than 2,000 million in revenue
RBE It is currently the largest organized catering operator in Europe. Its evolution since 2017 shows notable growth:
Sales went from 282 to 1,541 million euros (exceeding 2,000 million when adding franchisee income). Ebitda grew from 52 to 245 million euros.
The company operates more than 1,200 its own restaurants in Spain, Portugal and Italy, and has 26,000 workers.
RBE allocates about 200 million euros annually to open an average of 100 restaurants
