Retail Food Group: 40 New Gloria Jean's Coffee Outlets Set to Open in Germany
18 April 2018 - 4:00PM
Business Wire
Global food and beverage company, Retail Food Group (ASX: RFG),
has declared Germany a significant market in Western Europe for its
Gloria Jean’s Coffees brand following the signing of an important
Master Franchise Agreement with a group of local businessmen.
The team set to expand the Gloria Jean’s Coffees footprint in
Germany comes from the already successful Winkel Group, formed by
two sets of brothers Veysel Akyel and Mehmet Akyel, along with
Mustafa and Yavuz Eyice. The new master franchise owners are very
familiar with the brand through a significant background with the
Master Franchise Partner for Turkey, who has close to 70 outlets.
The continual growth experienced in Turkey encouraged the business
partners to take the brand into Germany.
The owners are set to open 40 Gloria Jean’s outlets in Germany
in the next five years with an option to expand their current
10-year agreement with Retail Food Group to 20 years.
The agreement signals strong support for the brand which is
Australia’s leading speciality coffee house with a presence in over
50 markets across Europe, North and South America, Middle East,
Asia and the South Pacific.
The Agreement joins other Retail Food Group expansion with
Gloria Jean’s Coffees Master Franchise Agreements also recently
announced in the United Kingdom, additional growth of its Donut
King and Crust Gourmet Pizza Bar brands in the United Kingdom, and
Donut King expansion in Sweden.
The new master franchise partners plan to open their first
Gloria Jean’s store in Cologne in the middle of this year.
Retail Food Group Chief Executive International, Mr Mike
Gilbert, said the announcement is an exciting one for the Group
which sees Europe as a very important market.
“Germany has a growing speciality coffee market and Gloria
Jean’s Coffees has an outstanding offering to meet that need. It’s
an offering that is already very successful with close to 900
outlets throughout the world,” he said.
“Retail Food Group is actively marketing our brands in Europe
and see this region as a key part of our international growth
strategy.”
Retail Food Group is Australia’s largest multi-brand retail food
franchisor with a network of more than 2,400 outlets across 9 Brand
Systems and 80 territories.
To find out more about RFG and to keep tabs on the Company’s
continued growth, visit www.rfgbrands.com.au.
About Retail Food Group Limited:
RFG is a global food and beverage company headquartered in
Australia. The Company is owner of the Donut King, Brumby’s Bakery,
Michel’s Patisserie, bb’s Café, Esquires, Gloria Jean’s Coffees,
It’s A Grind, The Coffee Guy, Café2U, Pizza Capers and Crust
Gourmet Pizza Bar Brand Systems, and is a significant wholesale
coffee roaster supplying existing Brand Systems and third party
accounts under Di Bella Coffee Co. As well, RFG is an emerging
leader in foodservice, dairy processing and wholesale bakery
pursuits, operating the Hudson Pacific Foodservice, Associated
Foodservice, Dairy Country and Bakery Fresh.
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version on businesswire.com: https://www.businesswire.com/news/home/20180417005742/en/
For further information, interviews or images contact:Retail
Food GroupRichard Forbes, +61427270687richard.forbes@rfg.com.au
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