BreadTalk expands into the UK

Din Tai Fung Restaurant to open in London next year.

BreadTalk Group, through its subsidiary Taster Food UK, has entered into a franchise agreement with Fairy Rise Development for the franchise right to operate Din Tai Fung brand of restaurants in UK and Northern Ireland.

Fairy Rise is  the franchise owner of the Din Tai Fung brand of restaurants.

Subsequently, TFUK will be a joint venture company comprising Together Inc. Pte Ltd (an indirect wholly-owned subsidiary of the Company), Din Tai Fung Taiwan, Fairy Rise Development Limited, a UK partner and a Taiwanese as shareholders.

Together Inc. Pte Ltd would be the major shareholder of TFUK. Further details of the structure of the joint venture company, including the respective shareholdings, will be announced in due course when terms of the joint venture agreement have been finalised.

The UK’s inaugural Din Tai Fung restaurant is expected to open in London in 2017 and will be operated by TFUK.