Pizza Hut is owned by Yum! Brands Inc.
Yum! Brands Inc. is a large restaurant company that operates and franchises various well-known quick-service restaurant chains. Besides Pizza Hut, Yum! Brands also owns Taco Bell, KFC (Kentucky Fried Chicken), and The Habit Burger Grill. The company's headquarters is located in Louisville, Kentucky.
History of Pizza Hut Ownership
- PepsiCo Era: Yum! Brands' roots trace back to PepsiCo, which initially entered the restaurant industry in 1977 with the acquisition of Pizza Hut.
- Spin-Off: In 1997, PepsiCo spun off its restaurant division, which included Pizza Hut, Taco Bell, and KFC, creating Tricon Global Restaurants, Inc.
- Rebranding to Yum! Brands: Tricon Global Restaurants later rebranded to Yum! Brands Inc., which continues to operate Pizza Hut today.
Therefore, Yum! Brands Inc. is the current parent company and owner of the Pizza Hut restaurant chain.