What company owns Yum Brands?

What company owns Yum Brands?

Yum! operates the brands KFC, Pizza Hut, Taco Bell, The Habit Burger Grill, and WingStreet worldwide, except in China, where the brands are operated by a separate company, Yum China. Before 2011, Yum! also owned Long John Silver’s and A&W Restaurants….Yum! Brands.

Formerly	Tricon Global Restaurants (1997–2002)
Website	www.yum.com

Is Yum privately owned?

Brands spun off their Chinese operations into Yum China, a privately held company that not only operates all KFC, Pizza Hut, and Taco Bell restaurants in mainland China but also has full rights to several other quick-service restaurant chains.

Does Pepsi still own Taco Bell?

Of course, PepsiCo later transformed its restaurant properties into a separate entity, Tricon Global Restaurants (per the Chicago Tribune), which ultimately became Yum! Brands, Taco Bell’s current owner.

Is Yum Brands a parent company?

In 2019, Yum! Brands was named to the Dow Jones Sustainability North America Index and in 2020, the company ranked among the top 100 Best Corporate Citizens by 3BL Media. Since our spin-off from PepsiCo in 1997, we’ve become a truly global company led by over 2,000 world-class franchisees.

Does PepsiCo still own Yum Brands?

Yum! started out as Tricon Global Restaurants, which was a subsidiary of PepsiCo until the spin-off in 1997. Tricon owned Pizza Hut, Taco Bell, and KFC.

Is Yum Brands owned by China?

The claim in the post has been rated FALSE. Yum! Brands, based in Louisville, Kentucky, owns and operates Taco Bell, Pizza Hut and KFC restaurants in the United States. Yum China operates fast-food subsidiaries in China.

Is Yum owned by Pepsi?

Yum! started out as Tricon Global Restaurants, which was a subsidiary of PepsiCo until the spin-off in 1997. Tricon owned Pizza Hut, Taco Bell, and KFC. The company then changed its name to Yum! after its ticker symbol.

What company owns McDonald’s?

Kroc
McDonald’s has been owned by Kroc since April 1955. Kroc’s first McDonald’s location was opened in Illinois, USA, on April 15 that year. Not long afterwards, Kroc founded McDonald’s System, Inc., known today as the McDonald’s Corporation.

What businesses are owned by Yum Brands?

Yum Brands is one of the few umbrella companies devoted exclusively to fast food; it was founded in 1997 as Tricon Global, a PepsiCo spinoff. Its holdings today include Taco Bell, KFC, Pizza Hut, and Wing Street. Until 2011, the company also owned Long John Silver’s and A&W.

Does Pepsi own Yum Brands?

Taco Bell, KFC, and Pizza Hut are currently owned by Yum! Brands ( NYSE : YUM). Pepsi is a separate publicly traded company that trades under NYSE: PEP. Pepsi does not own Taco Bell, KFC, or Pizza Hut.

Who owns YUM Corporation?

Together, Yum-Yum and Winchell’s are the West Coast’s largest donut shop chain. Both are headquartered in the City of Industry, California. In 1989, Philip Holland retired and sold his share of the company to Frank Watase. The company is currently owned and operated by Frank Watase and Yum-Yum President Lincoln Watase.

When was Yum Brands founded?

The company was formerly known as TRICON Global Restaurants, Inc. and changed its name to YUM! Brands, Inc. in May 2002. YUM! Brands, Inc. was founded in 1997 and is headquartered in Louisville, Kentucky.