Fastsigns Plans Libya Expansion

FASTSIGNS International Inc., the worldwide franchisor for the more than 550 FASTSIGNS sign, graphics and visual communications centers, has signed master franchise agreements for growth to the United Arab Emirates (UAE) and North Africa.

Expansion will be led by Hamdi Osman, chairman of Solitaire IGT and former senior vice president of FedEx Express Middle East, Indian Subcontinent and Africa.

Further enhancing the company’s presence in the Middle East, Osman will open 12 locations in the UAE under the agreement. In North Africa – specifically Morocco, Algeria, Tunisia and Libya – Osman plans to open the first center in 2014 and an additional 24 locations under the agreement.

Osman will own and operate franchise locations; under the master franchise agreement, he also has the rights to sub-franchise FASTSIGNS across the UAE and North Africa market. World Franchise Associates (WFA) facilitated the franchise deal between FASTSIGNS and Osman.

FASTSIGNS Chief Executive Officer Catherine Monson (pictured) said:

“There is strong demand for our products and services in both developed and developing countries. FASTSIGNS helps its customers inform, direct and sell more, a need every business has.”

(Source: Digital Journal)

Tags:
No comments yet.

Leave a Reply