Brands Inc. (NASDAQ: FAT), parent company of Fatburger, Johnny Rockets, and 13 other restaurant concepts, announces a new deal to enter Libya with 10 new franchised restaurants. Franchisee Al Majmoua Al Moutakamila is spearheading the 10-store deal which will also mark the first co-branded Johnny Rockets and Hurricane Grill & Wings location to date in the region. On the heels of recently announced expansion plans in United Arab Emirates, Kingdom of Saudi Arabia, Bahrain, Qatar, and Kuwait, the Libya development deal further reinforces FAT Brands’ commitment to growing in the Middle East. “The Middle East is an important growth area for FAT Brands,” said FAT Brands CEO Andy Wiederhorn. Similarly, we are excited to unveil the first co-branded Johnny Rockets and Hurricane Grill & Wings location in the region.

Source: Libya Today December 10, 2021 20:04 UTC