In August 2014, CVC acquired a 100% stake in SRS Korea, the sole franchisee of KFC in Korea.
SRS is the fourth largest western quick service restaurant ("QSR") chain in Korea in terms of number of restaurants. As of 31 December 2014, SRS has established a network of 187 directly operated restaurants across Korea with ca. 1,200 employees.
SRS Korea is one of the most recognized QSR brands in Korea with 30 years of history and ranked number one amongst western QSRs in the Korea Customer Satisfaction Index and number one in the Korean Service Quality Index in the last three consecutive years.