Development

Dairy Queen Announces Signing a New Multi-Unit Franchise Agreement with a Franchise Group for the Country of Kuwait

Durra Khaled For Foodstuffs Co., a subsidiary of KMGC, has signed a long-term franchise agreement with the Dairy Queen system and plans to develop more than 20 DQ Grill & Chill restaurants and DQ Treat stores throughout the country of Kuwait over the next five years.

Dairy Queen The Dairy Queen system, international retail food and treat category leader and part of Berkshire Hathaway (NYSE: BRK.A and BRK.B), announced plans to expand the brand’s presence in the Middle East with a multi-unit development deal for DQ Grill & Chill® restaurants and DQ® Treat stores.

Durra Khaled For Foodstuffs Co., a subsidiary of KMGC, has signed a long-term franchise agreement with the Dairy Queen system and plans to develop more than 20 DQ Grill & Chill restaurants and DQ Treat stores throughout the country of Kuwait over the next five years.

DQ Grill & Chill restaurants are planned to open by mid-2015 featuring our signature burgers, chicken sandwiches and a variety of salads and sandwiches along with our full menu of world famous DQ treats, and the menu will mirror other countries in the region. The first DQ Treat only stores are expected to open in 2015 as well and will feature the soft-serve products that have made the Dairy Queen system an icon in the industry, such as signature Blizzard® Treats, soft-serve cones with the curl on top, sundaes and other delicious treats.

“As we prepare to celebrate the 75th anniversary of the DQ brand next year, we are building on our global brand equity as well as looking forward to developing future growth opportunities in the region,” said Brad Houser, Executive Vice President of International Development “We are thrilled to be re-entering the Kuwait market and partnering with Durra Khaled For Foodstuffs Co., a group that brings a wealth of business experience through its diverse portfolio.”

International Dairy Queen currently has more than 6,300 locations, 1,394 of which are located in 25 countries outside the U.S. and Canada.

American Dairy Queen Corporation (ADQ), which is headquartered in Minneapolis, Minn., develops, licenses and services a system of more than 6,400 Dairy Queen® stores in the United States, Canada and 25 other countries. ADQ is part of the Berkshire Hathaway family of companies led by Warren Buffett, the legendary investor and CEO of Berkshire Hathaway. 



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