AmRest expands the menu. He buys a local network in Spain



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Fig. bacoaburger.com

AmRest operating in Poland, specializing in the launch of franchised restaurants, has purchased the Bacoa burgers network in Spain. They offer premium segment sandwiches.

"The acquired companies run a chain of six restaurants in the" premium burger "segment under the Bacoa brand in Spain (Barcelona and Madrid), both in the own format and franchised restaurants," reads. 19659004] The offer includes a purchase price of about 3.7 million euros, adjusted for the cash and debt balance, for which AmRest will enter into possession of six restaurants in Madrid and Barcelona

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"The intention of the parties to the offer is to sign the SPA and finalize the transaction in the coming weeks."

The Bacoa network is only ten years old. It was founded by a Hispanic-Australian couple who, after moving to Barcelona, ​​lacked the atmosphere of an Australian barbecue. The restaurant was very successful and soon opened in the country's capital.

AmRest Holdings SE is the largest independent operator of restaurant chains in Central and Eastern Europe. The company is also expanding into Western Europe, Russia, China and the United States. The company has been listed on the Warsaw Stock Exchange since 2005

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