26/09/2017

KFC To Create 100 New Jobs In NI

KFC has announced it is to create 100 new jobs in Northern Ireland.

NI man Michael Herbert confirmed The Herbert Group has acquired 27 new KFC stores in Britain and Ireland.

The expansion follows the company agreeing a major refinancing deal, with Danske Bank providing £27million of the new funding.

Of the 100 new jobs being created, 80 of the roles are to support the roll-out of the home delivery service in Northern Ireland and a further 20 created at the Group's Head Office in Belfast.

Jason Carlisle, Group Finance Director at The Herbert Group said: "Our latest acquisitions are aligned to the growth plans for the Group and the store portfolios acquired are a great strategic move for our expanding operations in UK and Ireland. We are delighted to be working with Danske Bank and the experience they bring in handling significant corporate financial transactions. The expertise, efficiency and commitment the Danske Bank team demonstrated during the refinance was exceptional, and we look forward to working with the Bank as our financial partner."

Brian Shane, Corporate Banking Manager at Danske Bank said: "Danske Bank has a long term relationship with the Herbert Group via the provision of our market leading cash management & liquidity solutions, and foreign exchange risk management. The firm is well positioned for future growth and with a strong management team in place, the business continues to go from strength to strength."

(CD)

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