Two of the most delicious names in the Philippines are coming together for a tasty combo.
Shakey’s Pizza Asia Ventures Inc. (SPAVI) has acquired Peri-Peri Charcoal Chicken in a deal that is expected to be finalized by mid-2019.
“The brand now has a strong following and recently gained even more traction — evident in its strong same-store sales growth last year amidst the more challenging macro environment, and the amount of interest in new stores from potential lessors and franchisees,” SPAVI President and Chief Executive Officer Mr. Vicente L. Gregorio said in an official statement.
As of April 2019, Peri-Peri Charcoal Chicken has 23 stores and was popularized by iFoods Group, Inc., which was founded by restaurateur Mr. Bryan Tiu. Peri-Peri Charcoal Chicken will be joining Shakey’s Pizza’s 228 stores nationwide.