Fuddruckers, a Texas-based heritage brand headquartered in Houston, has finalized a new development agreement that will extend the fast casual restaurant group's base in South America.
March 4, 2015
Fuddruckers, a Texas-based heritage brand headquartered in Houston, has finalized a new development agreement that will extend the fast casual restaurant group's base in South America. A partnership with Grupo Char's calls for an initial opening in the capital of Bogota. In December 2014, Fuddruckers debuted its first South American site in Santiago, Chile.
“We're excited to make new inroads in South America with an established partner that not only has a strong track record in business, but also a desire to make a sizable impact in Colombia,” Peter Tropoli, chief operating officer of Luby's Inc., said in a statement.
Family-owned Grupo Char's was founded approximately 40 years ago and operates out of Maracaibo, Venezuela. Holdings include five automotive franchises and businesses in the tourism, hospitality, construction, finance, insurance and consulting industries. The company employs 500 team members and supports more than 150,000 customers each year.