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Darden to open 30 new restaurants in Latin America

RBR Staff Writer Published 15 July 2013

Darden Restaurants, a Florida-based full-service restaurant company, has signed area development agreements with two multi-brand restaurant operators, Grupo Piramide and Dosil, to develop more than 30 units in six Latin American countries.

Grupo Piramide will develop Darden's Red Lobster, Olive Garden and LongHorn Steakhouse brands in Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica while Dosil will develop the concepts in Peru.

Darden has recently signed area development agreement with International Meal Company, which will operate Red Lobster, Olive Garden and LongHorn Steakhouse in Brazil, Colombia, Panama and the Dominican Republic.

The company has also had franchisees in Mexico and Puerto Rico for some time. With the latest developments, Darden's presence will be expanded into 12 markets throughout Latin America.

Darden business development senior vice president Kim Lopdrup said, "We are excited to expand our presence in Latin America through these agreements with Grupo Piramide and Dosil S.A., both of which are the premier chain restaurant operators in their markets."

Grupo Piramide is a multi-brand restaurant company in Central America. It operates 662 restaurants and employs 19,000 employees.

Dosil operates Chili's, Starbucks, KFC, Pizza Hut and Burger King. It has 302 restaurants and 11,000 employees.