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Beer distributor buys McDonalds

The local distributor of San Miguel Beer products bought recently the franchise of chicken and burger chain giant McDonalds in a P15 million acquisition deal.

Effective last July 1, the low profile Hermosura family took over the management of the local McDonald's franchise whose store is located at the corner of Grupo and CPG Avenue . CPG Avenue , this city.

This was confirmed the other day by Jonge Hermosura who said various activities are being lined up as part of the promotional efforts of its new owners.

McDonald's in Tagbilaran was part of the chain of company store found in key cities of the country until its local franchise was bought by the Hermosura family.

The latest acquisition of the family was in addition to its lucrative SMB distributorship. The same family also owned the franchise for White Clouds, a refreshment parlor and Mongolian Barbecue. The two eateries have outlets at the BQ Mall and Island City all, all of this city.
 

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VOLUME XXI No. 1
Tagbilaran City, Bohol, Philippines
July 16, 2006 issue