Pancake House is now Max's Group

Pancake House Inc. will be changing its name to Max's Group Inc. following a merger with the Max's Group of Companies.According to a disclosure to the Philippine Stock Exchange (PSE), Pancake House’s board of directors approved the new name via a special meeting to reflect the partnership, which includes changing the ticker symbol on the PSE to "MAXS."In February, the Max’s purchased Pancake House for P3.5 billion from the Lorenzo Group, which was followed this July by P4 billion share-swap deal where Pancake House acquired 20 businesses under Max’s.This includes uniting 14 brands from both companies, creating the Philippine’s largest casual dining chain. Max’s has four brands, namely Max's, Max's Corner Bakery, Krispy Kreme, Jamba Juice while Pancake House has its flagship Pancake House, Dencio's, Kabisera ng Dencio's, The Chicken Rice Shop, Singkit, Maple and Yellow Cab.The company now boasts a network of over 150 stores from Max's and more than 300 Pancake House brand restaurants.