TAB Gıda applied to SPK for public offering

07 June 20232 min reading
TAB Gıda, one of Turkey’s leading quick service restaurant chain operators, has applied to the Capital Markets Board for public offering.

TAB Gıda, one of Turkey’s leading quick service restaurant chain operators, which has been operating in the quick service restaurant sector for nearly 30 years, has applied to the Capital Markets Board (SPK) for the approval of the prospectus within the framework of the public offering. TAB Gıda has authorised Ata Yatırım Menkul Kıymetler A.Ş., İş Yatırım Menkul Değerler A.Ş. and Yapı Kredi Yatırım Menkul Değerler A.Ş. for the public offering. In the prospectus published by the Company, it was announced that the nominal value of the Group B shares planned to be offered to the public through capital increase and shareholder sales is TL 46,483,400 and the ratio of these shares to the Company’s issued capital after the public offering will be 18.5 percent. 

TAB Gıda was established on 29 July 1994. The company started its activities in the quick service sector in 1995 when it acquired the main franchise rights of Burger King® and brought it to Turkey. In 2006, the company added the Sbarro® brand to its portfolio and introduced Italian cuisine to Turkish consumers. In 2007, the Company introduced chicken products under the Popeyes® brand. In 2010, it acquired the Master Franchise rights of Arby’s® brand and continued to add new and various flavours to the HSR sector. TAB Gıda added products specific to Turkish cuisine to its portfolio by creating its own brand Usta Dönerci® in 2013 and Usta Pideci® in 2019. Most recently, Subway®, the restaurant chain with the most branches worldwide, was added to TAB Gıda brands in 2022. Operating under the umbrella of TFI TAB Gıda Investments, the world’s 4th largest restaurant operator with nearly 3,000 restaurants, TAB Gıda meets flavour lovers with nearly 1,500 restaurants in Turkey, the Republic of North Macedonia, the Turkish Republic of Northern Cyprus and Georgia.
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