Burger King announced a joint venture to open around 1,000 new restaurants in China over the next five to seven years, The Wall Street Journal reported. The deal, which is the fast food franchise’s largest multi-unit development agreement, was struck with Cartesian Capital Group, a New York investment fund, and the Kurdoglu family of Turkey. The Kurdoglu family will now have exclusive rights to expand the Burger King franchise in China, though details of the deal were not disclosed. The Kurdoglus operate the Istanbul-based TAB Gida Industry and Trade, which operates over 450 Burger King outlets in Turkey, as well as Sbarro, Popeyes and Arby’s restaurants. Burger King was taken private in 2010 by a private equity firm, but under a deal reached in April may be re-listed on markets.