Irvine, Calif. — Taco Bell continues its rapid global expansion by signing its first-ever master franchise agreements, continuing its path to becoming a $15 billion brand by 2022. Also by 2022, the brand plans to operate 9,000 restaurants globally.
Dublin, Ohio — The Wendy’s Company plans to enter Brazil this month, with plans for significant restaurant expansion over time. This growth will be driven through Wendy’s Brazil, a joint venture formed in 2015 between affiliates of Infinity Services and Starboard, one of Wendy’s® largest U.S. franchisees, and a subsidiary of The Wendy’s Company. Wendy’s Brazil plans to hold the grand opening in mid-July for two restaurants in São Paulo.