Business Intelligence on Retailing, Franchising, and Consumerism in China

Brazilian Fast Food Giant To Set Up Headquarters In Tianjin

Brazilian fast food chain group Habib's has signed a letter of intent with Tianjin to set up its headquarters, central kitchen, and chain restaurants in the city.

Ren Xuefeng, deputy mayor of Tianjin, and Alberto Saraiva, chairman of Habib's, attended the signing ceremony. Ren said the municipal government of Tianjin will provide a good investment and development environment for Habib's.

According to Habib's, the company plans to open five chain restaurants in Tianjin before the end of this year and will open 100 restaurants in China over the next three years. In addition, the company will organize suppliers from Brazil to investigate and invest in the Tianjin market to realize localization of supply.

One of the largest fast food group in Brazil, Habib's is also one of the world's largest Arab food makers. The Sao Paulo-headquartered company currently has nine subsidiaries, 305 chain restaurants, 12 plants, and 20,000 employees around the world, with annual revenues of USD360 million.

Be the first to comment on "Brazilian Fast Food Giant To Set Up Headquarters In Tianjin"

Leave a comment

Your email address will not be published.


  Other China News

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco