African expansion target

15.11.2002

Mr. Bricolage invests in Morocco

The French Mr. Bricolage group is investing in a project in Morocco. The company has informed its shareholders that this involves the negotiation by the Mr. Bricolage S.A. central office of a franchising agreement with a partner and the acquisition of a minority stake in the enterprise. The group has expanded its presence in South America through the opening of a second outlet in Uruguay. It is planned to increase the number of stores outside France to a total of 27 by the end of the year.
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