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In the early 1990s, as part of PepsiCo's sponsorship of The NewsHour with Jim Lehrer (and its former moniker, The MacNeil/Lehrer NewsHour), Pizza Hut was included in the acknowledgment alongside Taco Bell and KFC, which PepsiCo owned at the time. In 2000, Pizza Hut was a part-time sponsor of Galaxy Motorsports' #75 Ford in the then NASCAR Cup ...
Yum! was created in 1997 as Tricon Global Restaurants, Inc. from PepsiCo's fast food division as the parent corporation of the KFC, Pizza Hut and Taco Bell restaurant companies. [ 13 ] [ 14 ] The decision was announced in January and the spin off was effected on October 6. [ 15 ]
The brand quickly expanded, and by 1977, Pizza Hut had caught the attention of PepsiCo, which acquired the chain. PepsiCo then owned Pizza Hut for nearly two decades before deciding to separate ...
Jul 8, 2024 · Brands. Diving into the roots of Yum! Brands, you’ll find a story rich with smart acquisitions and strategic business maneuvers. It all started in 1997, when PepsiCo decided to spin off its fast-food divisions—KFC, Taco Bell, and Pizza Hut—into an independent entity named Tricon Global Restaurants.
Wholly Owned Subsidiary of PepsiCo, Inc. Incorporated: 1959 Employees: 140,000 Sales: $5.1 billion (1996) SICs: 5812 Eating Places; 6794 Patent Owners & Lessors Company History: Pizza Hut Inc. is the largest pizza restaurant company in the world in terms of both the number of outlets and the percentage of market share that it holds.
Success at Pizza Hut Leads to a PepsiCo Purchase Pizza Hut Inc. was established in 1958 by brothers Dan and Frank Carney in their hometown of Wichita, Kansas. When a friend suggested opening a pizza parlor--then a rarity--they agreed that the idea could prove successful, and they borrowed $600 from their mother to start a business with partner John Bender.
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May 6, 2023 · 90%. Total. 18,300. 85%. Conclusion. In conclusion, Pizza Hut is owned by Yum! Brands, a publicly traded company that operates three main brands: KFC, Pizza Hut, and Taco Bell. While Yum! Brands ...
