Peltz swaps restaurant investments

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Peltz swaps restaurant investments

Peltz swaps restaurant investments

February 24, 2009
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Investment funds affiliated with Nelson Peltz, the well-known activist investor and nonexecutive chairman at Wendy’s/Arby’s Group Inc., have snatched up stock in quick-service and snack brands, and dumped holdings in casual-dining companies.

According to the latest filings from Peltz’s various Trian funds, which covered holdings as of Dec. 31, Krispy Kreme Doughnuts Inc. and CKE Restaurants Inc. are in, while P.F. Chang’s China Bistro Inc. and The Cheesecake Factory Inc. are out.

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QSR, Restaurant and Food Service Trends
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  • Wendys Arbys Group Inc.

    Wendy’s/Arby’s Group, Inc. - in existence from 2008 - 2011 - was at the time the third largest quick service restaurant company in the United States and was comprised of the Wendy’s® and Arby’s® brands, two companies distinguished by traditions of quality food and service.

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