TGI Fridays retail licensing rights licensed to Kraft Heinz
Kraft Heinz entered a licensing agreement for TGI Fridays retail licensing rights on May 1, 2024.
Transaction summary
- Licensed rights
- TGI Fridays retail licensing rights
- Licensee
- Kraft Heinz
- Licensor
- TGI Fridays
- Announced
- 2024-05-01
- Geography
- North America
- Type
- Licensing Agreement
- Deal type
- Licensing
- First added
- 2026-10-18
- Latest update
- 2026-10-26
License value and scope
License consideration
Undisclosed
Value not disclosed
Basis: FundComb estimate
Value / revenue
-
Period not stated
Basis: FundComb estimate
Value / EBITDA
-
EBITDA basis not stated
Basis: FundComb estimate
Basis
- Exclusive perpetual retail license announced 1 May 2024. Financial terms were not disclosed. No ownership stake was transferred.
Source summary
Kraft Heinz 10-K, filed 2026-02-12
ConfirmedAcquisition of TGI Friday License by Kraft Heinz.
Open sourceKraft Heinz 10-K, filed 2026-02-12
ConfirmedThis change was primarily driven by the purchases of marketable securities, partially offset by lower capital expenditures, and lapping our prior year payment to acquire the TGI Friday License.
Open sourceKraft Heinz 10-K, filed 2026-02-12
ConfirmedKraft Heinz Co mpany (Exact name of registrant as specified in its charter)
Open sourceKraft Heinz and TGI Fridays announce new perpetual licensing deal
ConfirmedToday, Kraft Heinz and TGI Fridays announced an exclusive, perpetual extension of their existing licensing deal where Kraft Heinz makes restaurant-inspired, TGI Fridays® branded frozen appetizers for retail across North America. Kraft Heinz and TGI Fridays have had a successful licensing partnership since 2001.
Open sourceContinue your research
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