TL;DR
Taco Bell has signed its first master franchise deal to add over 400 new locations to Brazil and Spain. The deal is part of the brand's goal to open 1,000 restaurants by 2022.
Taco Bell has signed its first master franchise deal. According to a recent article in Nation's Restaurant News , the brand will bring over 400 new locations to Brazil and Spain as a result of the agreement. The partners in the deal are Sforza Holding Group (Brazil) and Casual Brands Group (Spain).
"We have found two strong partners in both Sforza and CBG, and I am confident they will take our California-inspired brand to new heights in the coming decade," said president of Taco Bell International, Liz Williams.
This growth will bring the brand one step closer to its goal of opening 1,000 restaurants by 2022. The new locations are scheduled to open gradually throughout the next decade.
In this story
This story was originally published in 1851 Franchise on June 28, 2018. Burnaze summarizes and links to the original reporting.
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