- Sector
- Consumer services
- Industry
- Restaurants
- Address
- Istanbul Turkey
- IPO Date
- Oct 26, 2023
- Business
- TAB Gida Sanayi ve Ticaret A.S. is a Turkey-based quick-service restaurant operator that manages, develops, and franchises a multi-brand portfolio of international and proprietary fast-food concepts. Founded in 1994 and headquartered in Istanbul, Turkey, the company operates as a key subsidiary of TFI TAB Food Investments. TAB Gida offers an extensive selection of food and beverage products and restaurant services across multiple categories, including flame-grilled beef and chicken burgers, french fries, onion rings, chicken tenders, and carbonated beverages through Burger King; Louisiana-style fried chicken, spicy tenders, chicken sandwiches, biscuits, and cajun sides through Popeyes; artisanal New York-style pizzas, pasta dishes, strombolis, and garlic breads through Sbarro; slow-roasted beef sandwiches, curly fries, chicken sandwiches, and specialty milkshakes through Arby's; customizable submarine sandwiches, wraps, salads, cookies, and breakfast items through Subway; traditional Turkish spit-roasted beef and chicken döner, meat wraps, iskender plates, and ayran yogurt drinks through its proprietary Usta Dönerci brand; and stone-oven baked flatbreads, minced meat and cheese pides, soups, and traditional desserts through its proprietary Usta Pideci brand. The company serves mass-market retail consumers across Turkey, Northern Cyprus, North Macedonia, and Georgia through dine-in restaurants, takeaway counters, drive-thru facilities, third-party delivery aggregators, and its proprietary digital ordering and loyalty platform, Tikla Gelsin. In recent developments, TAB Gida completed a landmark initial public offering on Borsa Istanbul in October 2023 under the ticker TABGD, setting records for market participation in Turkish equity capital markets. Over the past two years, the company has actively integrated and expanded the Subway master franchise network across Turkey, surpassed 1,600 total restaurant locations, upgraded its digital omnichannel capabilities with personalized loyalty programs on Tikla Gelsin, and invested in supply chain infrastructure, kitchen automation, and rooftop solar energy installations across its logistics facilities to drive cost efficiencies and environmental sustainability.