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Pollo Campero USA Acquires High Performing Franchise Locations from American Pollo

07-03-2012 09:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Pollo Campero

(Dallas, TX) June 27, 2012 – Pollo Campero, the world’s most beloved leader in Latin-style fried and grilled chicken, today announced the acquisition of seven franchise restaurants in the Washington, D.C. area. The Pollo Campero restaurants were previously owned and operated by American Pollo, the first group to franchise the Pollo Campero brand on the east coast. American Pollo is owned by Jose R. Barahona.

The acquisition reflects the brand’s confidence in the U.S. market according to Campero USA Corp’s President and COO, Roberto Denegri.

“These seven restaurants have a great reputation as established high performers within the Pollo Campero family. We are excited to add them to our corporate restaurant portfolio and further strengthening our corporate footprint in the United States,” explains Denegri.

An eighth Pollo Campero restaurant also operates in Manassas, Va., and is not part of the acquisition. It will remain as an independently run franchise.

The acquisition is the most recent deal in a string of strategic moves by the company. In 2010, Pollo Campero USA acquired a Houston franchise and the following year obtained the franchise from the Boston area.

Tim Pulido, CEO of Campero USA Corp. and Pollo Campero International who oversees the company’s global growth, says Pollo Campero’s parent company CMI (Corporación Multi Inversiones) is “committed to growing the brand in the U.S.”

“Our brand is represented in 14 countries and 3 continents. One of our most significant opportunities is here in the U.S. and the reason we are positioning ourselves for a successful future,” Pulido adds.

In addition to the acquisitions the company recently introduced three new restaurants featuring the modern iteration of its concept to the Houston marketplace which features a new restaurant design, logo and expanded menu designed to appeal to the modern U.S. consumer. A fourth location is slated to open this fall.

“Today more than 114 million people around the world enjoy our fresh Latin food and our famous fried chicken. We have a confident and disciplined approach to growth and look forward to our continued success in the U.S.,” Denegri adds.

About Pollo Campero
The world’s largest Latin chicken restaurant chain, Pollo Campero offers its customers a wide array of fresh, Latin-inspired dishes made with Pollo Campero’s proprietary blend of Latin herbs and spices. Pollo Campero’s signature fried and grilled chicken is loved by millions of customers around the world who have known the brand for decades.

Founded in Guatemala in 1971, the family-owned company now operates more than 345 restaurants in 14 countries around the globe. This includes more than 50 locations presently open in major cities throughout the United States with plans for further expansion. For more information, visit www.campero.com or on Facebook at www.facebook.com/camperousa

About Corporación Multi Inversiones
Corporación Multi Inversiones (CMI) is a large agro-industrial conglomerate which is one of the biggest corporations in Central America. Founded in 1920, CMI now has near 28,000 employees, operating in 16 countries with six divisions: flour mills/pasta and cookie production; livestock operations (poultry and pork) as well as animal feed; Pollo Campero and other fast food restaurants; real estate development; renewable power generation and financial services. For more information about Corporacion Multi Inversiones, visit the Company's Web site at http://corporacionmultiinversiones.com/english/quienes-somos.php

About American Pollo
American Pollo is the developer, operator and the first franchise of Pollo Campero on the east coast in the United States. American Pollo opened its first restaurant on October 3, 2003 in Baileys Crossroads, Va. Pollo Campero's success at this location was evident during the first 35 days of its opening when it broke sales records. It has since opened six other restaurants in the Washington, DC metropolitan area in Herndon, VA; Columbia Heights, Washington D.C.; Wheaton, Maryland; Langley Park, Maryland; Gaithersburg, Maryland; and Laurel, MD.

Campero USA Corp.
5420 Lyndon B. Johnson Freeway
Lincoln Center Tower II, Suite 1375
Dallas, Texas 75240

Contact:

Kate Hall
kate@powerpublicrelations.com
318.564.5442

Amy Power
amy@powerpublicrelations.com
214.618.3318 office

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