Grupo Nutresa, which purchased PJ Col S.A.S. in 2015 (PJ Col), recently entered into a development agreement to open an additional 28 units during a period of eight years in Medellin, Cartagena and Barranquilla. PJ Col currently operates 29 Papa Johns restaurants throughout Colombia.
Caribbean Restaurant Inc. (CRI), the exclusive Burger King franchisee on Puerto Rico with 175 Burger King restaurants on the island, has launched an expansion into Mexico as the master franchisee of Firehouse of America, LLC.
The Wendy's Company (NASDAQ: WEN) announced the grand opening of its 500th international restaurant location in Guatemala City, Guatemala by franchise organization Alimentos Corporativos Coral
Capriotti's Sandwich Shop has announced plans to expand on an international scale by growing its presence in the Mexican market. Capriotti's is partnering with Jorge Lizan of Lizan Retail Advisors (LRA), a leading consulting firm, for the expansion in Mexico.