Egypt To Be 19th Country For Cold Stone Creamery

Thursday, June 07, 2012

Cold Stone Creamery, which first opened its doors in Tempe in 1988,soon will have ice-cream shops in Egypt, the company's 19th country.

Cold Stone Creamery's parent company, Kahala Mgmt, signed a 10-year master franchise agreement with Egypt-based Squadra, an organization involved in food, leisure, automotive and fashion markets. according to a news release.

Eight Cold Stone locations are planned to open up throughout Egypt in the first four years of the agreement. The first Cold Stone store is set to open in June.

Cold Stone Creamery became an internationally franchised organization in November 2005, when it opened a location in Japan. The company has more than 380 international locations.

The company was acquired by Kahala, a restaurant franchise company, in 2007.

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