Fogo de Chão Announces Expansion Into Turkey for the First Time

DALLAS, April 20, 2023 (GLOBE NEWSWIRE) -- Fogo de Chão, the internationally renowned restaurant from Brazil that allows guests to make discoveries at every turn, today announced plans to make its debut in Turkey with the signing of a franchise development agreement with Honest Holding. Through the agreement, Honest Holding is set to bring five Fogo locations to Turkey over the next several years. The announcement follows Fogo’s recently announced plans to enter Ecuador, Bolivia, Costa Rica, El Salvador, Canada and the Philippines, as the brand continues to execute its strategic global growth plan.

Founded in Southern Brazil in 1979, Fogo de Chão is a nearly 45-year-old brand known for its dining experience of discovery and showcasing the culinary art of churrasco, where guests can watch as gaucho chefs butcher, hand-carve and grill high-quality cuts of protein over an open flame. With a warm, timeless design and signature offerings, including a fresh and seasonal Market Table and an award-winning Bar Fogo menu featuring hand-crafted cocktails and South American wines, Fogo has become a destination of choice by both brand advocates and new guests globally.

“We are excited to work with Cengiz Deveci and the impressive team at Honest Holding to bring the Fogo experience to Turkey,” said Barry McGowan, Chief Executive Officer of Fogo de Chão. “This agreement marks an exciting step in the continuation of our global expansion plans, and we look forward to sharing the culinary art of churrasco with our newest guests and Fogo fans in Turkey soon.”

Founded by Cengiz Deveci, Honest Holding operates a portfolio of 24 brands comprised of respected hospitality brands like Juan Valdez Coffee, a premium Colombian coffee brand, and Le Pain Quotidien from Belgium, in addition to businesses across a variety of industries, including travel and tourism, construction, aviation, transportation, and domestic and foreign trade. Honest Holding and the quality of services it offers have received numerous international awards and certificates both in Turkey and abroad and is a large employer in the region with over 1,500 employees. Ayhan Kap, Chief Operating Officer of Honest Holding, will oversee the development of the Fogo brand in Turkey.

“My interest in different cultures and values gave me the opportunity to travel the world, especially in Latin America. It has been an exciting journey for me to bring the outstanding flavors of a unique brand like Fogo de Chão to our country. From the first time I experienced Fogo, I’ve had this desire and I am excited to make this dream a reality,” said Cengiz Deveci, Founder of Honest Holding. “I believe Fogo will be an ideal addition to the local dining scene in Turkey and look forward to introducing new guests to the culinary art of churrasco soon.”

With 74 locations worldwide and growing, earlier this year Fogo announced a continued 15 percent annual growth rate through company-owned restaurants, with an additional international capital light franchise development strategy. Fogo’s newest openings include restaurants in National Harbor, M.D., Woodland Hills, C.A., Paramus, N.J., Coral Gables, F.L., Rio de Janeiro, Brazil, Reston, Va., Monterrey, Mexico and more expected soon.

For more information about Fogo de Chão, visit fogo.com. To learn more about global franchising opportunities, visit fogo.com/global-development/.

About Fogo de Chão
Fogo de Chão (fogo-dee-shown) is an internationally renowned restaurant that allows guests to discover what’s next at every turn. Founded in Southern Brazil in 1979, Fogo elevates the centuries-old cooking technique of churrasco – the art of roasting high-quality cuts of meat over an open flame – into a cultural dining experience of discovery. In addition to its Market Table and Feijoada Bar – which includes seasonal salads and soup, fresh vegetables, imported charcuterie and more – guests are served simply-seasoned meats that are butchered, fire-roasted and carved tableside by gaucho chefs. Guests can also indulge in dry-aged or premium Wagyu cuts, seafood a la carte, All-Day Happy Hour including signature cocktails, and an award-winning South American wine list, as well as smaller, sharable plates in Bar Fogo. Fogo offers differentiated menus for all dayparts including lunch, dinner, weekend brunch and group dining, plus full-service catering and contactless takeout and delivery options. For locations and more information about Fogo de Chão, visit fogo.com.

About Honest Holding
Honest Group of Companies, whose foundations were laid as Honest Tourism travel agency in 1999, continues its activities in construction, transportation, aviation and export-import sectors, especially tourism.

Honest Group of Companies, has built a structure that has adopted quality and good price policies as a principle in the tourism, hotel management, transportation, aviation, construction export and import sectors and it is growing day by day with the success awards it receives and increases its contribution to the Turkish economy and promotion.

Honest Holding and the quality of services it offers are documented with various international awards and certificates both in Turkey and abroad. It works with the principle of maximum efficiency and effectiveness in every sector it operates with its experienced and trained human capital. In addition, Honest Holding continues its leadership by acting with social responsibility awareness.


[img]http://phpstack-911252-3168991.cloudwaysapps.com/api/ImageRender/DownloadFile?resourceId=078227e6-b47f-4cf8-bfbd-59deeb23cad9&size=3[/img]

Guests can enjoy new brand extensions such as the Next Level Lounge and The Butchery in the recently opened Coral Gables, Fla. location. https://fogodechao.com/newsroom


[img]http://phpstack-911252-3168991.cloudwaysapps.com/api/ImageRender/DownloadFile?resourceId=37ef0be3-c766-4da9-a45e-29f82d64ee7d&size=3[/img]

Fogo opened the Reston, Va. location in December 2022, marking the 70th location globally for the brand. https://fogodechao.com/newsroom


Fogo de Chão Announces Expansion Into Turkey for the First Time

In January 2023, Fogo opened its first New Jersey restaurant in Paramus at Garden State Plaza. https://fogodechao.com/newsroom



In March 2023, Fogo opened a restaurant in National Harbor, MD in the Waterfront District. https://fogodechao.com/newsroom

Media Contact:
FogoPR@icrinc.com 

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/078227e6-b47f-4cf8-bfbd-59deeb23cad9

https://www.globenewswire.com/NewsRoom/AttachmentNg/37ef0be3-c766-4da9-a45e-29f82d64ee7d

https://www.globenewswire.com/NewsRoom/AttachmentNg/d162e68c-a978-48aa-8116-d6dbe60785e8

https://www.globenewswire.com/NewsRoom/AttachmentNg/53573bb0-17c2-4c53-86ef-1d874cb0abc3


TIN LIÊN QUAN

Renowned International Restaurant Brand Fogo de Chão to be Acquired by Bain Capital Private Equity from Rhône Capital

[img]http://phpstack-911252-3168991.cloudwaysapps.com/api/ImageRender/DownloadFile?resourceId=6cbf3815-f16a-4b74-a869-fb204d8fbf6e&size=3[/img]

Inter&Co Announces New Members to Its Board of Directors

Antonio Kandir, Lorival Luz and Todd Chapman join Inter&Co’s Board of Directors...

OTTAWA BANCORP, INC. ANNOUNCES CASH DIVIDEND

OTTAWA, Ill., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Ottawa Bancorp, Inc. (OTCQX: OTTW), the holding company for OSB Community Bank, announced today that its...

Alvotech Announces Webcast of 2022 Full Year Financial

Alvotech (NASDAQ: ALVO), a global biotech company specialized in the development and manufacture of biosimilar medicines for patients worldwide, announced...

Best Mattress Brand Announces Best Presidents Day

Best Mattress Brand is a top publisher on all things surrounding mattresses and sleep. This year, they've curated their list of the top mattress deals and...

THỦ THUẬT HAY

Hướng dẫn phục hồi và giữ tài khoản Facebook an toàn khi bị hack

Nếu chỉ áp dụng các biện pháp an ninh yếu kém, tài khoản Facebook của bạn hoàn toàn có thể bị rơi vào tay kẻ gian, cho phép chúng xem thông tin về bạn và thậm chí giả danh bạn liên lạc với bạn bè.

Thêm tiện ích màn hình chờ, thời tiết, nhắc việc tiện lợi trên Chrome

Các tiện ích mở rộng (Extension) thường đem lại rất nhiều tính năng mới thú vị cho trình duyệt Chrome. Hôm nay, mình sẽ giới thiệu với các bạn một tiện ích đa năng như màn hình chờ, thông báo giờ, thời tiết và nhắc

Hướng dẫn lên lịch Livestream trên YouTube trước

YouTube gần đây bổ sung thêm một tính năng mới cho phép bạn lên lịch livestream trước để người xem có thể biết được mục đích của buổi livestream là gì.

Cách tạo trang Google Slides, tạo slide Powerpoint trực tuyến

Tạo trang Google Slides Powerpoint là thủ thuật để người dùng lập slide, trình chiếu trực tuyến. Chỉ cần sử dụng đường truyền Internet ở mức trung bình, bạn sẽ dễ dàng tạo slide PowerPoint thuyết trình đặc sắc, cuốn

Cách lấy link bài viết và văn bản Facebook trên iPhone, iPad, Android

Dưới đây TrangCongNghe sẽ hưỡng dẫn độc giả cách lấy link bài viết và văn bản bất kỳ trên Facebook một cách đơn giản nhất.

ĐÁNH GIÁ NHANH

Trên tay iMac Pro 2017: Quái vật xử lý trong vẻ đẹp hoàn hảo

Apple đã công bố iMac Pro vào tháng 6 và bán ra chỉ cách đây vài ngày. Nó có giá khởi điểm từ 5000 USD và tăng dần theo mức cấu hình mà người dùng chọn lựa.

Đánh giá HP Neverstop Laser 1200w: Máy tốt nhất dành riêng cho giới văn phòng?

HP Neverstop Laser 1200w hoạt động rất trơn tru và mực có thể được nạp lại khá đơn giản. Do đó, vì nó ngăn chặn việc trộn bột mực vào môi trường mà nó được sử dụng, nó lành mạnh hơn các phương pháp đổ mực bên ngoài, và

Đánh giá nhanh HTC Desire 12 Plus giá 4,9 triệu đồng xem có gì nổi bật

Desire 12 Plus có thiết kế nguyên khối với màn hình tràn viền, không đi theo xu hướng “tai thỏ” cùng chất liệu chủ đạo bằng nhựa nhưng vẫn không đem lại cảm giác rẻ tiền nhờ vào độ hoàn thiện sản phẩm đạt mức khá, kết