Radar > 243458

Taco Bell Spain grows 40% and will expand its expansion

Taco Bell España crece un 40% y ampliará su expansión

Intel ID : 243458
Synopsis

Taco Bell, a U.S-based fast food chain owned by Yum group, experienced a growth of 40% in Spain, where it operates in partnership with the local company, Casual Brands Group (CBG), reported Cinco Días on 19 December 2016, citing CBG CEO, Ignacio Mora Figueroa.

The brand strategy in Spain provides an investment of EUR 40m from 2015 to 2020 for the opening of 50 restaurants, but CBG contemplates to expand the alliance after this period.

According to the report, the Andalusian region will have an important role in the expansion strategy of the company over the next year.
(content in spanish)

Taco Bell, empresa estadounidense de gestión de locales de comida rápida propiedad del grupo Yum, ha experimentado un crecimiento del 40% en España, donde opera de la mano de la compañía local, Casual Brands Group (CBG), según ha informado Cinco Días el 19 de diciembre de 2016, citando al consejero delegado de CBG, Ignacio Mora Figueroa.

La estrategia de la marca en España prevé una inversión de EUR 40m entre 2015 y 2020 para la apertura de 50 restaurantes, pero CBG contempla ampliar la alianza una vez finalizado este periodo.

Según lo publicado, la región andaluza tendrá un papel importante en la estrategia de expansión de la empresa a lo largo del próximo ejercicio.

Bidder

United States

Ultimate Owner (Buyer)

Yum! Brands
United States

Intel ID 243458
Value ND
Native Currency Euro (EUR)
Financial Data - Casual Brands Group
(31 Dec 2022)
Revenue: EUR 2,35m
Net Debt: EUR 63,70m
People: 17
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Tourism, Hotels and Restaurants (Primary)
Primary Sector (TTRSC)
15.10.07 Restaurants, Bars & Nightlife
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Food and Beverage (Primary)
Primary Sector (TTRSC)
15.10.07 Restaurants, Bars & Nightlife
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

Country
Website
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Tourism, Hotels and Restaurants (Primary)
Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

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