Mumbai / IN. (tet) According to a report in The Economic Times, US-based Focus Brands Inc. (Atlanta, Georgia) will tie up with Mumbai-based Wadhawan Hospitality Private Limited to launch its bakery brand Cinnabon in India. The Wadhawan Holdings will launch the new franchised business in New Delhi by July 2009. The Wadhawan group owns retail chains such as Spinach, Sabka Bazaar. It also runs fast food joints like The Tasty Tangles and Nashta Chai and fine dining restaurants like Aurus in Mumbai and Sancho´s in Delhi. Wadhawan Hospitality has plans to invest 150 Crore Indian Rupees over the next ten years to open 140 Cinnabon stores in both bakery and kiosk formats. Focus Brands has plans to launch their Carvel ice cream brand in India and is already in talks with other companies.
OTHER TOPICS FROM THIS SECTION FOR YOU:
- SSP Group: announces Third Quarter Trading Update 2024
- LG Chem and ADM: Joint Ventures in Illinois are canceled
- Wendy’s: Company plans to expand into Europe
- Delivery Hero: may face significant fine due to antitrust violations
- Emmi Group: intends to acquire Mademoiselle Desserts
- AB Foods: announces strong H1-2024 performance
- DSM-Firmenich: Queen Maxima inaugurates new dual head office
- RBI: Announces Investments to Drive Growth in China
- Europastry S.A.: puts its IPO process on hold
- McCormick: Reports Second Quarter Performance
- Reborn Coffee: Closes Master License Agreement for UAE
- General Mills: Reports Fiscal 2024 Fourth-Quarter Results
- SunOpta expands plant for processing plant-based beverages
- Britannia: Operating profit grew 10 percent in FY-2023
- Tate + Lyle and CP Kelco to merge to leading global player
- Ülker Bisküvi: announces Q1-2024 financial results
- Europastry: intends to go public on the Spanish stock exchange
- Europastry S.A.: publishes 2023 Annual Report
- Swisslog: announces new Americas region headquarters
- Reborn Coffee: Expanding Omni-Channel Strategy
