Tortilla Mexican Grill PLC Tortilla announces partnership with Compass Group

TIDMMEX

Tortilla Mexican Grill PLC

28 February 2022

Tortilla Mexican Grill plc

("Tortilla" or the "Group")

Tortilla announces strategic partnership with Chartwells Universities, part of Compass Group

Tortilla Mexican Grill plc ("Tortilla"), the largest and most successful fast-casual Mexican restaurant group in the UK, today announces its partnership with Chartwells Universities, part of Compass Group UK & Ireland.

Through the strategic partnership, at least 14 Tortilla sites will be opened by Chartwells on a franchise basis across their estate of universities over the next five years.

Tortilla's highly customisable, affordable offer is already available at Middlesex University, Brunel University, Sussex University and Swansea University as part of a trial by Chartwells, with further openings planned this year.

This is the latest in Tortilla's continued expansion into new locations and formats beyond the high street, following the opening of sites at Gatwick Airport and Leeds Skelton Lakes Services, in partnership with SSP Group plc.

The agreement brings together two like-minded businesses, both of which are committed to finding greener, more sustainable ways of doing business; embracing progressive, multi-channel marketing strategies; and supplying fresh, customisable, value-for-money products that appeal to a wide range of demographics.

Andy Naylor, Chief Financial Officer of Tortilla, commented:

"We are excited to partner with Chartwells Universities and launch new sites across the UK. In recent years, we have been successful in adapting the brand for new locations and formats, and this will be another opportunity for us to showcase our ability to bring Tortilla to customers across a breadth of locations. This is an important agreement for us and will support our long-term UK growth ambitions, while driving consumer awareness within a key target demographic."

ENQUIRIES

 
 Tortilla Mexican Grill PLC                    Via Hudson Sandler 
 Emma Woods, Non-Executive Chair 
 Richard Morris, CEO 
 Andy Naylor, CFO 
 
 Liberum Capital Limited (Nominated Adviser,   Tel: 020 3100 2222 
  Sole Broker) 
 Andrew Godber 
 Edward Thomas 
 Christopher Whitaker 
 Nikhil Varghese 
 
  Hudson Sandler (Public Relations)              Tel: 020 7796 4133 
 Alex Brennan                                  tortilla@hudsonsandler.com 
 Lucy Wollam 
 Charlotte Cobb

For further information , visit tortillagroup.co.uk

NOTES TO EDITORS

About Tortilla Mexican Grill plc

Tortilla is the largest and most successful fast-casual Mexican restaurant group in the UK specialising in the sale of freshly made Californian-inspired Mexican cuisine. The Group has 68 sites worldwide, comprising 51 sites in the UK operated by the Group, three sites franchised to SSP Group in the UK, four sites franchised to Compass Group UK & Ireland and ten franchised sites in the Middle East.

The Group was founded in 2007 by Brandon Stephens, originally from California who, upon his arrival in London in 2003, found it difficult to satisfy his desire for quality burritos and tacos. As a result, Brandon established Tortilla with a mission of offering customers freshly prepared, customisable, and authentic Californian-inspired Mexican food.

The brand is synonymous with an energetic, vibrant culture, and with providing a great value-for-money proposition. It embraces fast-growing sector trends (including eating out, healthy eating, provenance, ethnic cuisine, delivery) across a variety of locations, through a differentiated product offering which is popular with a broad customer base, and a clearly defined multi-channel marketing strategy. It benefits from flexible site locations and formats, and a scalable central infrastructure.

About Chartwells Universities

Chartwells Universities is part of the education catering sector of Compass UK & Ireland. It currently operates over 16 sites across the country, delivering bespoke catering solutions tailored for the specific needs of its clients. In addition to its central concepts, it has brand partnerships with Subway, Greggs, Costa and Tortilla. To meet the needs and demands of the students it serves, the business embraces a progressive multi-channel marketing strategy, as well as sustainable business practices and products.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAEAFAXAFPAEFA

(END) Dow Jones Newswires

February 28, 2022 02:01 ET (07:01 GMT)

Tortilla Mexican Grill (LSE:MEX)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024