The French burger chain, Big Fernand, announced on Tuesday that it is to sell 80% of its capital to London-based retail specialists, BlueGem Partners, in order to accelerate its international development.

According to Big Fernand, which currently has 35 locations, the chain will benefit from a first investment of at least €7 million, which it will use to “quickly” reach its target of 100 restaurants.

The company, boasting “100% made in France” burgers, was founded five years ago and already has a presence in London and Dubai. It will regain ownership of two sites in Hong Kong, which are currently operating under a franchise agreement, as well as well as four new addresses in Paris, before the end of the year.

The transaction should, therefore, allow Big Fernand to accelerate its international roll-out. By the end of 2017, the chain, offering “a way to eat fast, quality food, thanks to its gourmet hamburgers”, is looking to have 45-50 restaurants up and running, with a provisional turnover of €50 million.