Grupo Galeria has acquired Avanza Food for an undisclosed amount. This corporate acquisition sees Grupo Galeria taking ownership of Avanza Food, a leading multi-brand organized restaurant group in the country. Avanza Food operates over 400 restaurants, serving more than 2 million customers annually, and boasts an extensive portfolio of prestigious national and international brands such as Tony Roma’s, Carl’s Jr., Tommy Mel’s, and La Chelinda, complemented by 10 virtual brands. The company also brings over 25 years of experience as a major franchisor.
This strategic move by Grupo Galeria aims to integrate a robust and established platform within the organized restaurant sector. Avanza Food's proven leadership, solid operational foundation, and diverse brand portfolio, which includes both physical and virtual restaurant concepts, present a significant opportunity. The acquisition is expected to leverage Avanza Food's extensive franchising network and its track record of developing profitable businesses, aligning with Grupo Galeria's strategic objectives for growth and market expansion within the hospitality industry.
The integration of Avanza Food into Grupo Galeria is anticipated to generate substantial synergies. These include enhancing market reach through Avanza Food's widespread restaurant presence and franchising model, optimizing operational efficiencies across the combined entity, and fostering further innovation in brand development and customer experience. The combined entity is poised to strengthen its competitive position, capitalize on Avanza Food's established market leadership, and explore new avenues for growth within the dynamic restaurant industry.