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Wendy’s franchisee acquires Japanese chain

Operator buys 136-unit First Kitchen, with plans to create hybrid concept

Wendy’s franchisee in Japan is making a big move to expand its footprint in the country, saying Wednesday that it has acquired the 136-unit First Kitchen chain, with plans to create a hybrid concept.

Wendy’s Japan has acquired First Kitchen Ltd. from Suntory Holdings Ltd. To finance the deal, The Longreach Group, a Hong Kong-based private-equity firm, has acquired a majority stake in the Wendy’s franchisee, which is a subsidiary of Higa Industries Co. Ltd.

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