Rex Concepts raises 448M zlotys in Warsaw IPO to grow Burger King, Popeyes network
What's the deal? Rex ConceptsDealroom has a profile for this one. Try Dealroom →, a Polish quick service restaurant (QSR) operator running Burger KingDealroom has a profile for this one. Try Dealroom → and PopeyesDealroom has a profile for this one. Try Dealroom → in Central and Eastern Europe, debuted on the Warsaw Stock Exchange (WSE) Main Market on July 5, 2026. It priced its Series D shares at 14.00 zlotys apiece, raising US$112M from new shares within a total offering of US$124.4M.
Why now? Founded in 2021, the company has scaled fast, running 94 Burger King and 65 Popeyes company-owned restaurants across Poland, the Czech Republic, and Romania as of the end of 2025. The listing gives it fresh capital to fund that momentum.
What's the endgame? Rex Concepts plans to open roughly 70 new locations in 2026, introduce new brands, and push into more markets. The proceeds are earmarked to expand the restaurant network and back that geographic push.
Who's involved? Wood & Company Financial Services and Pekao Investment BankingDealroom has a profile for this one. Try Dealroom → acted as global co-coordinators. Ipopema Securities and Pekao Brokerage House served as stabilising manager, with the offering combining new shares and the sale of existing stock.
The signal: A nine-figure QSR listing in Warsaw points to growing investor interest in fast food across Central and Eastern Europe, a region where major Western brands are still building out their store networks.
Read more: AInvest
