Korean fried chicken chain with 500 restaurants sold to owners with expansion plans

Bonchon, a Korean fried chicken chain with 500 restaurants across nine countries, has been sold to new owners. The new leadership intends to implement aggressive expansion strategies targeting Canada, Mexico, and Chile, while simultaneously growing its presence within existing US markets. This acquisition marks a significant shift for the brand as it seeks to scale its international footprint and strengthen its market position across the Americas through these strategic growth initiatives and new ownership goals.