Wroclaw, Poland, 2016-May-24 — /EPR Retail News/ — AmRest Holdings SE („AmRest”, “the Company”) (WSE: EAT), the largest publicly listed restaurant operator in Central Europe, announced today the completion of the agreement with Starbucks Coffee Company dated April 19th, 2016 to acquire the chain of Starbucks stores in Germany. As the transaction comes into effect AmRest becomes an operator of 144 Starbucks units in the German market.
Acquisition of mentioned Starbucks chain is a perfect fit to AmRest strategy and another step forward on the way to become the leader of restaurant segment in Europe. After the addition of Starbucks business in Germany AmRest operates currently 1074 restaurants in 12 countries.
Crossing the threshold of 1000 restaurants is an important milestone for our Company which strengthens our position in the European market. We are very excited about this achievement – said Wojciech Mroczyński, the Board Member responsible for the Company’s strategy. It took us almost 23 years to hit the number of 1000 locations. Given the current pace of the Company’s development as well as the further growth potential I am confident that doubling the scale of AmRest is a matter of the next few years – added Mroczyński.
AmRest’s history started in 1993 with an opening of the first Pizza Hut restaurant in Wrocław. Currently the Company operates a portfolio of superior brands: KFC, Pizza Hut, Burger King, Starbucks, La Tagliatella, Blue Frog and Kabb. Every day, through the Company’s WJM culture, over 25 000 employees deliver delicious taste and exceptional service at affordable prices.
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