Yum! Brands, Inc.

Beginning in the 1970s, PepsiCo had acquired several fast food restaurant chains, including Kentucky Fried Chicken, Pizza Hut, and Taco Bell, as an adjunct to its soda business. It required that those chains serve only Pepsi-Cola. Other fast food chains, such as McDonald’s, saw PepsiCo as a competitor and refused to sell PepsiCo products. PepsiCo finally concluded that it would be in the company’s interest to spin off its restaurant businesses. Accordingly in 1997, Tricon Global Restaurants, Inc. was founded as an independent, publicly traded company. It was headquartered in Louisville, Kentucky. In 2002, Tricon announced the acquisition of Yorkshire Global

York Peppermint Patties.
Restaurants with its two brands, Long John Silver’s and A&W All-American Food. Tricon changed its name to Yum! Brands Inc. in 2003.As of 2005, Yum! Brands operated 33,000 restaurants in more than 100 countries. It is the world’s largest fast food company.