applebee’s neighborhood grill & bar

Glendale, Calif. — Dine Brands Global, Inc., the parent company of Applebee’s Neighborhood Grill + Bar® and IHOP® restaurants, has agreed to acquire Fuzzy’s Taco Shop® from Experiential Brands LLC, a wholly owned subsidiary of NRD Holding Company, for $80 million in cash. Fuzzy’s is a fast-casual restaurant concept serving Mexican favorites with a Baja twist. Net of tax benefits, the purchase price is approximately $70 million. Founded in 2003 in Fort Worth, Texas, Fuzzy’s is a category innovator, offering a new twist on Mexican favorites at a value price …

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Glendale, Calif. — Dine Brands International plans to open its first IHOP® in Nassau, The Bahamas, in late 2022 through an agreement with Bahamas Limited, which also calls for 16 IHOP restaurant openings in the Caribbean over the next few years. “We are excited to bring IHOP to the English-speaking Caribbean islands. We’ve seen success in Puerto Rico and believe guests in this new market are sure to fall in love with the brand’s world-famous pancakes and familiar comfort foods,” says William Urrego, regional vice president of franchise operations, Dine …

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