A Capital’s unit secures franchise deal to expand globally

A Capital Holding
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Cairo - Mubasher: Porto International Investment, a subsidiary of A Capital Holding, has signed a development and master franchise agreement with Italian company La Burrateria.

The deal includes establishing a factory for cheese production alongside operating Italian restaurants, according to a bourse filing.

Meanwhile, the agreement falls within the group’s strategic plan to expand its presence in the food and restaurant sector.

The subsidiary obtained exclusive rights to develop and operate the brand across several markets, including Egypt, the UAE, Saudi Arabia, Kuwait, Qatar, Bahrain, and Greece, for a period of 20 years.

The group plans to implement the agreement and begin establishing the restaurant and cheese factory without delay.

Source: Mubasher Source: {{details.article.source}}