Tuesday, November 24, 2020 6:34:40 AM
The franchise business ChickenFrice which is part of the Agrokings conglomerate ( not even counting Epiphany Cafe) is a multi million dollar business in the US.
CHICKENFRICE Global (CHICKENFRICE) is registered in the USA. CHICKENFRICE supplies its specially blended sauces to over 500 food outlets, restaurants, and kiosks. CHICKEN RICE started its own franchise so that more people can enjoy its great tasting sauces with its modern twist of fusion meals consisting of Chicken, Fries, and Rice which has proven to be a hit with all communities.
Today McCormick (NYSE listed ) just announced the acquisition of a sauce maker for 800 million dollars. "The acquisition of Cholula accelerates McCormick's growth opportunities within our condiment platform and broadens our portfolio in the hot sauce category with the addition of the Cholula brand," said Lawrence E. Kurzius, Chairman, President and Chief Executive Officer. "Hot sauce is an attractive, high-growth category and, as an iconic premium brand, Cholula is outpacing category growth. Bodes well for SFIO.
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