SRS Korea

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.

Date of investment

August 2014

Fund

Asia III

Business

Quick service restaurant

Country

Korea

Turnover

US$147 million

Number of employees

1,200

CEO

YK Kim

Company website

www.kfckorea.com