International Dairy Queen Corp. and FountainVest Partners, a private equity firm, will open 600 Dairy Queen restaurants in China by 2030.
The franchise development agreement, spearheaded by the FountainVest-acquired franchise ownership company CFB Group, expands the brand s stronghold in China.
Burger King has suspended corporate support to its Russian market which is managed by a local master franchisee, according to a press release. The suspension of support including operations, marketing and supply chain in addition to refusing approvals for investment…
Subway has announced two international master franchise agreements, one in Thailand and one in the State of Kuwait, according to a press release.
In Thailand, About Passion Co. Ltd.
Taco Bell is celebrating the brand s 100th restaurant opening in Spain. Taco Bell opened its first restaurant outside the states in 1973, and in just the last two years, the brand has grown its store count by more than 25%.
Arby s has signed an exclusive development agreement with Shahia Foods Limited Company for expansion across the Kingdom of Saudi Arabia. The first restaurants are slated to open in late 2022.