PROFILE
BUSINESS PORTFOLIO
2016 was marked by the consolidation of the development and growth
of the business which begun in the previous years and that made
tangible the strong growth and a solid expansion, both indoors and
outdoors, and in various investments at several levels.
The year was marked by the acquisition of the total share capital of
the Eat-Out Group (EOG), a group with international dimension and
with presence in Spain, Italy and Portugal, representing an investment
of 105 million Euros. EOG operates in the public foodservice indus-
try – with own brands such as Pans & Company, Ribs, Santa Maria
or Frescco – and Travel, with presence in several airports and train
stations.
This expansion reflects in the opening of a total of 20 new stores: two
new KFC units in Angola and the remaining 18 openings took place
in Portugal. Specifically, 12 Burger King units, three new Pizza Hut
spaces and one opening in the Catering sector, at the University Club
of Oporto. In addition, there was the concession of two new spaces:
one at the Porto Santo airport, and other at the University Club of
Oporto, in the foodservice sector. The Group also carried out a process
of modernization of several units of the brands Pizza Hut, KFC, Pans
& Company and Miit, giving them a renewed and updated image.
Ibersol ended the year 2016 with a total of 447 units of Ibersol own
brands, and 220 units of franchised brands – numbers consolidated
for Portugal, Spain and Angola –, which, as a whole, registered a total
of 478,000,000 Euros in sales.
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