Arby's to expand in Turkey
June 3, 2010
by Eric Schroeder
ATLANTA — Wendy’s/Arby’s Group, Inc. said its Arby’s Restaurant Group, Inc. subsidiary has signed a major development agreement with Tab Gida Sanayi ve Ticaret A.S. to open at least 100 Arby’s restaurants in Turkey over the next 10 years, including 50 during the next five years.
The restaurants will be incremental to eight Arby’s franchise restaurants previously operated by Celebi in Turkey, which Tab Gida purchased as part of a separate agreement between the two organizations.
“Our agreement with Tab Gida is another important step in our international growth strategy,” said Roland Smith, president and chief executive officer of Wendy’s/Arby’s Group. “We’re accelerating our international expansion opportunities by working with proven operators, like Tab Gida, who know how to successfully develop and operate quick-service restaurants.”
Tab Gida has been operating in the quick-service restaurant segment since 1995 and owns or sub-franchises more than 430 restaurants in metropolitan areas throughout Turkey. In addition to Arby’s, Tab Gida operates Burger King, Popeyes and Sbarro units in Turkey.