News

Moe's Southwest Grill to open 50 restaurants in Russia

February 20, 2012

Moe’s Southwest Grill has signed a substantial international deal that will bring its restaurants into Russia for the first time. Glaventer Investments LTD will open 50 Moe’s locations in Russia over the next 10 years, the first of which is scheduled to open in Moscow this year.

“I’m confident that Moe’s will thrive in Russia,” said Paul Damico, president of Moe’s Southwest Grill. “Especially after research through Aurelian Global Holdings revealed a great opportunity for consistent growth over the next 10 years in the Russian fast casual segment.”

With the new deal, Moe’s Southwest Grill will have 50 new locations to add to its burgeoning international resume by the early 2020s.

With the addition of locations in Russia, Moe’s will continue expanding overseas since its first international deal signed in 2011 for 40 restaurants in Turkey. Aurelian Global Holdings, a diversified financial services boutique based in New York City, was the exclusive advisor on the Russian transaction.