Friday 25 May
Powered by Ajaxy
Nov 7, 2016 @ 19:23

Yellow Cab Pizza carves out bigger market share in Middle East

 

Max’s Group Inc. is scaling up its presence in the Middle East to capture a bigger slice of the pizza market.

MGI inked a new deal with the Silver Group whereby the latter shall establish at least 22 Yellow Cab Pizza stores in Kuwait, Bahrain and Oman within a period of five years beginning January next year.

“We are pleased with the opportunity to further expand our presence in the Gulf Cooperation Council (GCC) region.

Our international business has been scaling up quite aggressively with Yellow Cab Pizza emerging as the most coveted brand. We are optimistic in sustaining this pace as we possess the necessary structure and support systems to fuel overseas growth through franchising,” said Max’s Group president and CEO Robert F. Trota.

This mark the seventh overseas franchise contract forged by MGI for the year, translating to a total international pipeline of 153 outlets targeted for opening in the coming years.

“Silver Group pioneered our pizza offerings in this territory. We appreciate their continued trust and for sharing our vision of Yellow Cab Pizza as a global mainstream brand. Together, we are confident of replicating our earlier success in Qatar into surrounding nations,” Trota added.

Yellow Cab currently operates a network of 145 branches including seven franchised outlets in Qatar, one in United Arab Emirates and two in China.

Plans are underway to open flagship stores in Singapore, Hawaii, Jordan and Egypt.

Tags: , , , , , , , , ,

Related Stories
Max’s Group Inc. has set aside P750 million to P800 million for capital expenditures this
Casual dining chain operator Max’s Group Inc. chalked up a net income of P162.3 million
Homegrown casual dining chain Max’s Group Inc. is set to introduce pizza chain brand Yellow
Homegrown casual dining chain Max’s Group Inc. ended 2015 on a high note, swinging to


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.