Jollibee now owns 100% of Smashburger 301 SHARES Share it! JFC is now the sole owner of the Smashburger business. Jollibee also disclosed that it will inject more capital into the Smashburger business by converting US$80-million loan held by BGI on Smashburger into equity before the end of 2018 in order to strongly support its growth in 2019 and in the years ahead. He has extensive experience in food product, concept and marketing development in various food and food service companies that included Procter & Gamble, Pillsbury and Pizza Hut. “We look forward to the development of Smashburger into a very strong brand and business in the United States.

Source: Manila Bulletin December 15, 2018 13:52 UTC