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In 1982, General Foods sold Burger Chef to the Canadian company Imasco, which also owned Hardee's, for US$44 million (equivalent to $138.92 million in 2023). Imasco converted many locations to Hardee's restaurants and let franchises and locations near existing Hardee's locations convert to other brands. [8]
Jun 1, 2001 · By 1982, General Foods had enough, and sold the chain to Imasco, Ltd., a Canadian company that also owned Hardee’s Food Systems, Inc. Imasco was looking for a way to quickly become a leader, and Burger Chef’s remaining 679 store locations meshed well with the primarily Southern-based Hardee’s.
Apr 8, 1982 · General Foods sold the Burger Chef chain to Imasco Ltd. of Montreal for $44 million on March 10. About one-third of the charge to 1982 income will be a direct result of the Burger Chef...
General Foods Corporation was a company whose direct predecessor was established in the United States by Charles William Post as the Postum Cereal Company in 1895.
Oct 23, 2020 · For decades America’s largest food company, General Foods was one of the most highly regarded marketing companies in the world. Formed in the roaring twenties by consolidating companies that led the way in convenience foods, GF became an industry giant.
In 1982, General Foods sold Burger Chef to the Canadian company Imasco, which also owned Hardee's, for US$44 million (equivalent to $ 138.92 million in 2023). [11] Imasco converted many locations to Hardee's restaurants and let franchises and locations near existing Hardee's locations convert to other brands. [8]
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Feb 2, 2014 · In 1968 General Foods bought it, but couldn’t keep up with its expansion and it was bought in 1982 by Hardee’s owners Imasco. They converted many of the Burger Chef’s into more Hardee’s. I believe, the last Burger Chef in the nation closed its doors in 1996.
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