Fuddruckers & Caribou

Esterad Bank owns a 60 per cent direct equity stake in the Fuddruckers Restaurant and Caribou Coffee franchises in the Kingdom of Bahrain, which have been operating successfully since 1995 and 2007, respectively. Fuddruckers was one of the pioneers of casual dining in Bahrain, while Caribou is one of the leading coffee house chains. Following acquisition, the Bank embarked upon a renovation programme of all outlets for both franchises; and a rapid expansion plan for Caribou that included the opening of 10 new stores.