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Apr, 14 2014

Ravi Jaipuria may take over Yum! Brand

To take over the brand in West and South.

Ravi Jaipuria, the Founder Chairman of Devyani International which holds three Yum! Brands franchise in north and east India may consider bidding for the food retailing business of the Dubai-based Dodsal Group in west and south.

Dodsal which has the franchise for Pizza Hut, KFC and Taco Bell stores in west and south India has appointed investment bankers to look for potential buyers for the business.

Talking to media, Jaipuria, said, "It would make sense for us to consider the business since we have the rights in the north and the east. But we need clarity from the parent (Yum! Brands) on whether franchises are available in the first place in the two regions. Yum! Brands has been setting up stores on their own. We will certainly want to know whether they wish to appoint franchisees for the two regions or set up company-owned outlets”.

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