Sept. 10 (UPI) -- Officials for Chipotle Mexican Grill have agreed to open restaurants in Asia as part of a joint venture with the South Korea-based SPC Group.
SPC Group is one of South Korea's leading food companies and is partnering with Chipotle to open restaurants in South Korea and Singapore in 2026, Chipotle officials announced Wednesday in a news release.
"With rapidly evolving dining-out business, fueled by preferences for variety and convenience, expanding into Asia presents an incredible growth opportunity for Chipotle," said Chipotle Chief Executive Officer Scott Boatwright.
"Real food prepared fast is in high demand in these markets," Boatwright added, "and with notable brand awareness among consumers, we see potential for strong adoption out of the gate."
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