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Alsea to Launch Raising Cane’s in Mexico in 2026 After Development Agreement

The agreement reflects Alsea’s capital reallocation strategy, signaling Raising Cane’s next step in its global expansion.

Overview

  • Alsea confirmed on December 8 that it signed a development deal to bring Raising Cane’s to Mexico, with the first restaurant targeted for the second half of 2026.
  • The Mexican operator will develop and run the brand locally, leveraging a platform of about 2,502 units in Mexico and roughly 4,800 restaurants worldwide.
  • Raising Cane’s operates more than 950 locations across 43 U.S. states and the Middle East, and it has announced expansion into the United Kingdom.
  • Alsea is streamlining its portfolio and reallocating capital, including a planned investment of about 5,500 million pesos in 2026 and the sale of Chili’s and P.F. Chang’s in Chile.
  • Media reporting suggests the new entrant could challenge established chicken chains in Mexico such as KFC and Popeyes.