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MRG now operates 73 Taco Bell restaurants, including two co-branded KFC and six co-branded Pizza Hut Express locations in Houston and surrounding markets.
Bessemer Investment Partners LLC (BIP), New York, acquired the assets of KorMex Foods, Inc., Houston, Texas, through a new portfolio company platform called MAS Restaurant Group, LLC (MRG).
The 27,000-square-foot innovation center is an integrated research and development facility designed to generate new ideas and concepts and enable the rapid roll-out of localized and innovative products.
The national dairy checkoff partnered with Yum! Brands, Louisville, Ky., to grow U.S. dairy sales internationally, specifically in Asia Pacific, as well as Latin America and the Caribbean.
Yum China maintains exclusive rights in mainland China to the KFC, Pizza Hut and Taco Bell brands, ownership of two unique local brands and a presence in more than 1,100 cities.