Search
 

Raving Brands Chains Look East

ATLANTA—Raving Brands is expanding its Moe's Southwest Grill chain and other concepts in the Middle East, as well as Canada and countries throughout Asia.

By Debra Hazel | Updated on March 13, 2007

ATLANTA—Just two months after opening is first unit outside the United States in Singapore, Raving Brands plans to open 115 restaurants in the Middle East during the next five years, the company announced.

The company announced that it had signed a deal with Saudi Arabian food service company A.A. Turki Corp. for Trading and Contracting (ATCO) to open many of its concepts in Bahrain, Egypt, Jordan, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. The company operates a number of restaurant concepts, including Moe’s Southwest Grill, Mama Fu’s and Planet Smoothie Café.

“Every deal we undertake today is part of a focused strategy to develop Raving Brands into a global franchisor. It reflects a real departure in our previous growth strategy as a company that reacted to market demand, regardless of its geography,” explains Stephen M. LaMastra, president and chief operating officer of Raving Brands, in the statement announcing the transaction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.