Fuddruckers & Caribou

Esterad Bank owns a 60 percent 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 among the leading coffeehouse chains. Following the acquisition, the Bank launched a renovation program for all outlets of both franchises, along with a rapid expansion plan for Caribou that included the opening of 10 new stores.