"With its first-ever master franchise agreements, Taco Bell is in global expansion mode. The Irvine, California-based Mexican chain signed deals with franchisee groups in Brazil and Spain that call for the development of more than 400 total restaurants over the next decade.

Sforza Holding Group, a private equity company based in São Paulo, Brazil, is set to open more than 200 Taco Bells in the state by 2027. The new agreement expands Sforza’s existing partnership with Taco Bell."

Read the full article by Laura Michaels here.