Max now owns Pancake House, bought for P3.49 billion


Max’s Group now owns the 89.95 percent shareholder control of Pancake House. That is bringing a 150 Max’s store and over 300 outlets of Pancake House brands in just one corporate roof.

Max bought 233.16 million shares of Pancake House at P15 per share.

Pancake House’s restaurant brands include Yellow Cab, Le Coeur De France, Maple, Dencio’s, Kabisera ng Dencio’s, Teriyaki Boy, Sizzlin’ Pepper Stake, The Chicken Rice Shop and the flagship brand Pancake House.

Max’s Group’s more than 150 stores are spread all over the Philippines and in key international cities. Krispy Kreme and Jamba Juice are also part of the Max’s Group.

(GMA News)