Oporto Flies Up the Pecking Order With New Owner

Oporto Flies Up the Pecking Order With New Ownership
and
NZ Expansion Plans

The Adison Group has now taken 100% ownership of the fast food company, Oporto New Zealand Limited.

The acquisition, timed to coincide with the opening of Oporto’s 10th store located in Queen Street, Auckland, will see the expanding quick service restaurant (QSR) take advantage of further growth opportunities and provide greater stability for the company in its pursuit to attract potential franchisees.

Oporto has experienced strong growth since opening its first New Zealand store in 2001 and today has eight stores throughout Auckland and one in both Tauranga and Palmerston North.

Its New Zealand success can be attributed to franchise owners and entrepreneurs, Bhushan and Jasmine Arolkar who bought the very successful Australian Oporto brand with the aim of introducing Kiwis to a healthier fast food option.

“It struck us that New Zealand had a limited offering of fast foods, all typically low in nutrition and high in trans or saturated fats because they were breaded or fried,” says Oporto New Zealand Ltd CEO, Bhushan Arolkar.

“We wanted to be a part of changing the QSR playing field in New Zealand, by providing a healthier alternative that specialised in an entire menu of chicken burgers and products that are grilled not fried and prepared not from frozen, but with fresh ingredients. At Oporto we strive to make our menu options healthier, and not just some!”

Oporto is currently Australia’s fastest growing fast food companies, infamous for its fresh, grilled chicken Bondi Burger. Bhushan concludes: “With the opening of our 10th store, we have now hit double digit figures in NZ. With 100% Ownership now in place, we can’t wait to start spreading our wings here in NZ.”

ENDS

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