Sri Lanka’s Softlogic gets Burger King franchise

Sept 02, 2013 (LBO) – Sri Lanka’s Softlogic Holdings Plc said it had got the franchise to set up Burger King branded restaurants in Sri Lanka. BK AsiaPac will provide services and operational support for the chain in Sri Lanka.

Corrected Soflogic Restaurants (Pvt) Ltd, a fully subsidiary will open three restaurants within a few months, Softlogic said in a stock exchange filing.

The group had inked a deal with BK AsiaPac of Singapore which is a unit of US-based Burger King Worldwide to build and own Burger King restaurants in Sri Lanka and to develop and operate franchised outlets.