The Dwyer Group and Rainbow buyback Germany Master Franchise license
Rainbow International Restoration and The Dwyer Group reacquire the Germany master franchise license from the previous master license.
Mike Bidwell, president and CEO of The Dwyer Group commented: “Reacquiring this master license confirms our commitment to direct franchising in select international markets. We are particularly excited about the opportunity to continue to build the Rainbow International brand in Germany, where there is room to build a very large network"
The Dwyer group previously sold the Rainbow International master license in Germany 22 years ago back in 1992, with the objective of expansion in Europe.
Rainbow International President Mark Welstead added: “The headway in Germany by our previous master licensee will allow our brand to continue to grow and strive in the German economy, we look forward to continuing this forward momentum and expanding our service reach throughout the country.
The Dwyer Group was founded in 1981 and currently owns several franchise businesses like The Grounds Guys, Aire Serv, Glass Doctor, Mr. Appliance, Mr. Electric, Mr. Rooter and Rainbow International.