20 Aug MFT Group to spend $3 million for overseas expansion of SaladStop, La Lola
By: Arra B. Francia | August 20, 2018
Source: msn money
Private equity firm MFT Group is investing $3 million this year to expand its food business under brands SaladStop! and La Lola Churreria overseas.
MFT Group, named after its Chief Executive Officer Mica F. Tan, said it is focusing on growing its food business in the coming years, eyeing between 10 to 15 branches from a mix of the two brands.
The company holds the master franchise for Singaporean brand SaladStop!, considered one of the largest healthy food chains in Asia. The brand was able to expand to Barcelona, Spain in partnership with the MFT Group, while also paving the way for its opening in Ho Chi Minh City.