Companies

CPRL reopens 13 McDonald’s stores in Delhi-NCR

Our Bureau New Delhi | Updated on May 19, 2019 Published on May 19, 2019

Connaught Plaza Restaurants Private Limited reopens 13 restaurants in Delhi-NCR. File Photo   -  Bloomberg

Connaught Plaza Restaurants Private Ltd now wholly owns McDonald’s after Vikram Bakshi transferred his shares in the JV

Connaught Plaza Restaurants Private Ltd (CPRL), which operates McDonald’s-branded restaurants in Northern and Eastern regions, on Sunday said it has re-opened 13 restaurants in the Delhi-NCR region.

The American burger chain, which has reached an out-of-court-settlement with its estranged JV partner Vikram Bakshi, had earlier this month bought out Bakshi’s stake in CPRL. It had subsequently decided to temporarily shut down its 160 store in the North and East regions. CPRL is now wholly-owned by McDonald’s.

Related news: McDonald’s strikes out-of-court settlement with Vikram Bakshi

“We look forward to serving our customers a more authentic McDonald’s experience at these first 13 locations now open for business in Delhi region,” said Rob Hunghanfoo, Head of CPRL said in a statement. 

“All other restaurants remain closed but are planned to re-open over the coming days and weeks as we complete the work needed to ensure customers receive the best possible experience when they visit us,” the company added.

Also read: HUDCO moves NCLAT to recover ₹60 cr from McDonald’s pay out to Vikram Bakshi

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Published on May 19, 2019
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