OldTown White Coffee Expands in VisMin
MALAYSIAN café brand OldTown White Coffee is investing P400 million to expand its network across the Visayas and Mindanao over the next five years.
Its Philippine licensee, Del Mundo Group, announced the investment following the opening of its eleventh local outlet in Zamboanga City.
- The investment will fund the opening of 20 new outlets.
- 10 outlets will be opened in Mindanao and 10 in the Visayas.
- The expansion will create new jobs and expand the brand’s footprint outside Luzon.
We are optimistic about our continued expansion in Visayas and Mindanao, especially in Zamboanga, which we see as a growing hub for business and tourism.
Nelson del Mundo, CEO of Del Mundo Group, stated the expansion forms part of its long-term plan to strengthen OldTown’s regional presence and tap emerging consumer markets.
Author's summary: OldTown White Coffee invests P400M in VisMin expansion.