Collins Foods’ corporate franchise agreement with KFC Europe commences

The CFA has a target of opening up to 130 net new KFC restaurants over the next 10 years.

ASX-listed Collins Foods announced its corporate franchise agreement (CFA) between wholly owned Dutch subsidiary Collins Foods Netherlands Management B.V. and Yum! Brands subsidiary KFC Europe SARL commenced on 31 December 2021.

The acquisition, first announced last October, will increase Collins Foods’ KFC footprint in the Netherlands to 44 restaurants, or 55% of the market.

The CFA also has a target of up to 130 net new KFC restaurants over the next 10 years.

“We are excited to now have full responsibility to develop, market, operate and support the KFC business in the Netherlands. This opportunity allows us to more fully leverage our scale, experience, and operational capabilities in Europe, and substantially grow the KFC brand in the Netherlands,” Collins Foods’ managing director and CEO Drew O'Malley said in a statement.

Follow the link for more news on

Collins Foods

Expansion

Also Read

Health-focused QSR Liv Eat opens first South Australian restaurant

Zarraffa’s Coffee opens in Dakabin

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit