NEWPORT BEACH, Calif. – Get ready, Mexico! Chipotle Mexican Grill announced today that it has signed a development agreement to open restaurants in Mexico for the first time.
Chipotle partners with Alsea, S.A.B. de C.V. (Alsea), a leading restaurant operator in Latin America and Europe, and plans to open its first location in Mexico by early 2026.
“We are confident that our responsibly sourced, classically-cooked real food will resonate with guests in Mexico,” said Nate Lawton, Chief Business Development Officer at Chipotle. “The country’s familiarity with our ingredients and affinity for fresh food make it an attractive growth market for our company.”
“We are proud to work with an iconic brand like Chipotle and help grow its international business for years to come,” said Armando Torrado, Alsea Chief Executive Officer.
The move marks a significant step in Chipotle’s international expansion. Chipotle previously signed its first international development agreement in July 2023 with Alshaya Group to open restaurants in the Middle East, currently operating three in Kuwait and two in the United Arab Emirates.
Chipotle currently has 58 locations in Canada, 20 in the United Kingdom, six in France, and two in Germany. The company currently operates over 3,700 restaurants and plans to open between 315 and 345 new restaurants this year, with a long-term target of operating 7,000 locations in the U.S. and Canada.
The company’s business development group continues to explore opportunities via outside partnerships.
Chipotle Mexican Grill, Inc. (NYSE: CMG) is committed to serving responsibly sourced, classically-cooked, real food with wholesome ingredients.
As of December 31, 2024, Chipotle operates over 3,700 restaurants in the United States, Canada, the United Kingdom, France, Germany, Kuwait, and the United Arab Emirates.
Alsea Group is a leading restaurant operator in Latin America and Europe, operating over 4,700 units in various countries.
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