MINNEAPOLIS – International Dairy Queen Inc. plans to open 50 DQ Grill & Chill locations in Korea over the next five years. Dairy Queen has partnered with privately held M2G USA Investment Inc., whose portfolio includes ownership of restaurants, hotels, public storage businesses, household appliance manufacturing, shoes and other global real estate.
“The DQ brand continues to expand in new international markets,” said John Gainor, president and CEO of International Dairy Queen Inc. “We are looking forward to working with M2G USA Investment to bring our renowned menu, signature treats and quality service to the Republic of Korea.”
The DQ system currently has more than 6,700 locations with more than 2,200 of those being outside of the United States.
The new DQ Grill & Chill locations in Korea will serve a full range of DQ food options including burgers, chicken strip baskets, chicken sandwiches, a variety of salads and sandwiches. They will also feature DQ treats including Blizzards, MooLatté Frozen Coffee Flavored Beverages, soft-serve cones, sundaes and DQ cakes.
“Our goal is to be the most desirable QSR (Quick Service Restaurant) company in Korea that believes in the vision of people, product and process,” said John Park of M2G USA Investment, a partner in the ownership of Taco Bell restaurants in Korea and in the US. “DQ is one of the most respected, exceptional and popular brands in the world. We are thrilled to partner with the DQ system here in Korea.”
International Dairy Queen is a subsidiary of Berkshire Hathaway Inc. which is led by Warren Buffett.