Davao Tycoon Dennis Uy Acquires Wendy’s Philippines

Date:

Udenna Corporation owner, Dennis Uy acquires Wendy’s franchise in the Philippines.

The Davao tycoon owned 51 Wendy’s outlets across the country. Uy eyes to open more branches in various provinces and cities.

As Dennis Uy acquires Wendy’s, he emphasized that his corporation want to be engaged in growing industries through expanding in the restaurant space by offering quality, affordable dining out options.

- Advertisement -

“Udenna took over Wendy’s local operations through its subsidiary Eight-8-Ate Holdings Inc,” Philstar report revealed.

Further, the latest venture of Udenna added to its acquired food and restaurant sector; Enderun Colleges, Family Mart, and Conti’s Bakeshop and Restaurant.

Wendy’s is an American fast-food giant burger which is prominent for its hamburgers, frosty desserts, and fries.

Uy also purchase the local operator of Family Mart convenience stores last October through Phoenix Petroleum.

Apart from those businesses, Uy also added an education segment to his business through the acquisition of Enderun Colleges, which is located in Taguig.

“Udenna acquired 70% of Conti’s Holdings Corp., the restaurant chain behind the popular Conti’s brand,” report mentioned.

Source:

Dennis Uy’s Udenna Corp. takes over Wendy’s Philippines

Nath Mindanao
Nath Mindanao
An Agribusiness economist. I scribble more about agriculture, politics and economics.

Share post:

Subscribe

Popular

More like this
Related

Sources of Motivation: Top 12 Sports and Fitness Influencers from the Philippines

Get inspired and motivated into healthy lifestyles by the top sports and fitness influencers in the Philippines 

List of Filipino Food to Have During the Holy Week “Semana Santa”

In honor of the Holy Week, Filipinos have maintained...

PUP’s Department of Performing Arts Launches its Performance Lab

The Department of Performing Arts (DPeA) of the Polytechnic...

14 Songs You (Probably) Thought Were Filipino Originals, But Are Actually Japanese Songs

" Reddit users pointed out that Japanese songs were popular for pinoy enternainers (Japayukis) when they came back here in the Philippines, bringing with them records. A lot of them perform these song on their job.