Zoku secures funding for European expansion

George Sell George Sell Uploaded 25 April 2019

LinkedIn

Netherlands: Zoku has secured additional growth financing from Rabobank to fund at least five new properties in Europe as part of its international growth strategy.

Zoku co-founder Marc Jongerius said: "We're very grateful for our long-term relationship with Rabobank - they have been a true partner from the beginning and have been incredibly supportive of our ambitions. Given Rabobank's international network, passion for sustainable development and their solution-based thinking, we're honoured to have their backing."

"Supported by Dutch Debt Advisors and their vast experience in the hospitality market and the Dutch banking landscape, the additional funding will allow Zoku to continue growing internationally, starting with scheduled openings in Copenhagen and Vienna in 2020, and many other exciting locations in the near future," he added.

LinkedIn

Be in the know.

Subscribe to our newsletter »
Subscribe

Thank you sponsors