Flynn Restaurant Group acquires Wendy's New Zealand
Flynn Group LP (Flynn) has acquired Wendco (NZ) Limited, the sole franchisee of Wendy’s in New Zealand.
Operated by the Lendich family since 1988, the Wendy’s New Zealand franchise business has grown to include more than 20 Wendy’s restaurants from Auckland in the north to Dunedin in the south. With the purchase, Flynn is now the sole franchisee for The Wendy’s Company in Australia and New Zealand and will be working closely with the brand’s team to scale and develop in both countries.
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The acquisition marks Flynn’s third international investment following the acquisition of the Master Franchisee license of Pizza Hut Australia in June and Wendy’s Australia in August.
“The acquisition of the Wendy’s New Zealand business represented a compelling opportunity to continue our growth ambitions internationally and to expand our strong partnership with the much-loved Wendy’s brand,” said Ron Bellamy, Chief Operating Officer for Flynn Group.
To help ensure strong continuity for all 500 of Wendco New Zealand’s employees as well as its partners and suppliers, Flynn plans to retain the current operations and support teams.