RSS   Newsletter   Contact   Advertise with us

Tablez Food to spread across Middle East, India, Sri Lanka

Staff writer ▼ | May 26, 2014
Tablez Food Company, the F&B arm of LuLu Group, has announced a franchise agreement with South African casual dining restaurant chain Galito and will invest Dh92m over the next five years to open 25 outlets in the UAE and India.
Galito
GalitoTablez Food Company, the F&B arm of LuLu Group, has announced a franchise agreement with South African casual dining restaurant chain Galito and will invest Dh92m over the next five years to open 25 outlets in the UAE and India.


The exclusive franchise agreement mandates Tablez Food Company (TFC) to develop the Galito’s brand across the Middle East, India and Sri Lanka. In the UAE, the group is actively looking at strategic locations to open its outlets, and is set to launch its first restaurant in the country in the fourth quarter of 2014.

TFC aims to invest over Dh55 million towards the launch of 15 outlets in the UAE within next four years. In India, TFC plans to invest $10 million (Dh36.7 million) to launch 10 outlets within the next five years.

Galito’s’ entry into the Middle East is rooted in its core vision to emerge as a global brand in its category. The agreement with Tablez Food Company marks a significant step forward in its international expansion strategy.


 

MORE INSIDE POST