Portugal’s Biggest Computer Retailer Expands To Angola, Mozambique And Cape Verde

Macauhub:

Chip 7, Portugal’s biggest network of shops specialising in computers, plans to expand activity in 2010 to Angola, Mozambique, Cape Verde, Madeira and the Azores, the company’s founder has announced.

“I hope to have everything closed by the middle of the year,” Miguel Monteiro said on Tuesday in Porto, adding that meetings are under way with 30 parties interested in extending the network to the three countries and two Portuguese autonomous regions via master franchising contracts.

The top stakeholder (90 percent) of Chip 7, founded in 1994 in Porto, highlighted the success of the franchising model adopted by the brand just over a year ago, which enabled the network to grow from 20 to 64 shops, all in mainland Portugal.