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ThaiBev Explores Possible Sale of Its 500-Branch KFC Operation

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ThaiBev Explores Possible Sale of Its 500-Branch KFC Operation

Thai Beverage is reportedly considering selling the company that operates more than 500 KFC restaurants across Thailand. Bloomberg reported that the Chang beer and SangSom producer is working with Bank of America to assess interest from potential buyers, although discussions may not result in a transaction. ThaiBev’s QSR of Asia subsidiary is the country’s largest KFC franchise holder after acquiring 240 branches for approximately 11.4 billion baht in 2017. The group’s food division recorded only 54 million baht in attributable profit from sales of 11.325 billion baht during the six months ending March 31, 2026, producing a margin of roughly 0.5%. Any completed sale would represent a change in franchise ownership rather than KFC withdrawing from Thailand, and ThaiBev has not publicly commented on the report.

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