History 1995 / 1994
Also in 1995, and due to the fact that the presence of an operator in only one segment limits his ability of growth, Ibersol decided to study the most promising segments and select the ones that would allow a stronger presence and adequate profitability levels. As a consequence, Ibersol entered into a franchising contract with PEPSICO to implement the KFC brand in Portugal.
In 1990: opening of the first Ibersol’s Pizza Hut in Albufeira
Ibersol started to operate in the foodservice sector in 1989 with the purpose of developing the Pizza Hut business. In the following years, integrated in the Tourism sector of the Sonae Group, has developed other foodservice sectors and the operation of hotels. At the end of 1994, Pargeste has decided to acquire Ibersol with the purpose of developing the company, integrated in a broader project in the area of Catering and Leisure.