Philippine brands
JFC acquired 80% of Greenwich Pizza, a fast-food restaurant specializing in pizza and pasta, in 1994. From a 50-branch operation, Greenwich gradually established a strong presence in the food service industry. In early 2006, the company bought out the remaining shares of its partners in Greenwich Pizza Corp., equivalent to a 20% stake, for ₱384 million in cash.[25]
In 2000, the company acquired Chowking, a Chinese fast-food restaurant, thus making it a part of the Chinese quick service restaurant segment.[26]
In 2005, the company acquired Red Ribbon, a bakeshop business.[27][28] On October 19, 2010, the company acquired 70% share of Mang Inasal, a Filipino fast-food restaurant specializing in barbecued chicken, for ₱3 billion ($68.8 million).[29][30][31] On April 22, 2016, the company bought out the remaining shares of its partner, equivalent to a 30% stake, for ₱2 billion in cash.[32]
JFC subsidiary Fresh N' Famous Foods, Inc. manages the Greenwich and Chowking brands. The Red Ribbon brand is under Red Ribbon Bakeshop Inc. which in turn is managed by a holding company of the JFC, RRB Holdings, Inc. The company also has stakes on Burger King's outlets in the Philippines through Perf Restaurants, Inc. which is 54 percent owned by JFC as of 2012.[11]
Foreign brands
JFC has stakes in restaurant chains based or originating outside the Philippines such as in Mainland China, Taiwan, South Korea, Canada, and the United States, as well as master franchises of foreign brands in the Philippines.[33]
Mainland China, Hong Kong and Taiwan
In 2004, JFC acquired Chinese fast food chain Yonghe King for $22.5 million.[34]
In 2006, the company purchased Taichung-based Chun Shui Tang tea house.[34]
In 2007, the company acquired Chinese fast-food chain Hong Zhuang Yuan for $50.5 million.[35]
Mainland China, Hong Kong and Taiwan
In 2004, JFC acquired Chinese fast food chain Yonghe King for $22.5 million.[34]
In 2006, the company purchased Taichung-based Chun Shui Tang tea house.[34]
In 2007, the company acquired Chinese fast-food chain Hong Zhuang Yuan for $50.5 million.[35]
In 2008, the company purchased 70% of Taiwan-based restaurant Lao Dong.[34]
In 2009, the company divested its shares from Lao Dong and Chun Shui Tang, in an effort to focus on bigger restaurant chains in mainland China.[36]
Vietnam
In 2011, JFC acquired 50% of SuperFoods Group, the owner and operator of the Hard Rock Cafe franchise in Vietnam, Highlands Coffee, and PHO24.[45] The company later increased this stake to 60% in 2017.[46]
In 2012, the company acquired a 50% stake in Highlands Coffee then increased this stake to 60% in 2017.[47]
In 2018, the company announced plans to launch PHO24 in the Philippines, with its first branch opening in 2021.[48][49] However, in 2023, the company sold assets of said chain to East-West Restaurant Concepts, a wholly owned subsidiary of Viet Thai International Joint Stock Co. and instead aimed to focus on growing its new businesses at the time in Tim Ho Wan, Yoshinoya, and Milksha.
South Korea
In July 2024, JFC's subsidiary, Jollibee Worldwide Pte. Ltd., acquired $340 million shares of Compose Coffee (Coffee Co. Ltd. and JMCF Co. Ltd. which have 2,612 stores in South Korea), leaving Titan Dining II LP and Elevation Equity Partners Korea Limited to retain 5% and 25%, respectively.[51] In February 2026, JFC announced its plan to launch Compose Coffee in the Philippines.[52]
In February 2026, JFC announced that it had signed a definitive agreement to acquire All Day Fresh Co. Ltd., owner and operator of hot pot and eat-all-you-can restaurant chain Shabu All Day, for $87 million through its subsidiary, Jolli-K Co. Ltd.[52]
United States
In July 2008, JFC acquired a stake in US-based Chow Fun Holdings LLC, the developer and owner of Jinja Bar Bistro in New Mexico, in which Jollibee acquired a 12% stake for $950,000 and later increased its stake to 80.55% in 2011. However, the company divested its shares in Chow Fun Holdings LLC in 2016 to focus on its larger businesses in the US.[53]
In October 2015, the company announced that it had acquired a 40-percent stake in Smashburger in a deal that values the American fast-casual burger chain at $335 million.[54] In December 2018, the company acquired 100 percent of the shares in Smashburger, gaining full control of the American hamburger chain.[55]
On September 7, 2018, the company announced its acquisition of a 47% stake in US-based Mexican food restaurant, Tortas Frontera of Rick Bayless for $12.4 million.[56]
Philippines
In 1995, JFC jointly opened a Philippine branch of Délifrance with master franchisee Delifrance Asia Ltd. The company became the sole franchisee of the bakery chain in the Philippines in 2006 through its subsidiary Fresh N' Famous Foods. The franchise agreement between the company and Délifrance Asia ended on December 31, 2011, and assets of Délifrance in the Philippines were sold to CafeFrance Corp.[58] CafeFrance Corp. intended to use all of the bought assets as its initial capital for a cafe chain under a new brand name.[59]
In October 2011, the company acquired a 54% stake in BK Titans, Inc., the sole franchisee of Burger King in the Philippines.[60]
On September 27, 2018, the company announced its 50-50 joint venture with Chinese-American restaurant chain, Panda Express to bring its stores to the Philippines.[61]
