EQS-News: Circus SE
/ Key word(s): Incoming Orders/Alliance
Lukas Podolski’s kebab franchise to roll out up to 2,400 autonomous food robots from Circus Group
The objective is to secure a cooperation that will deploy over 1,600 autonomous Circus Group robots in Germany and 800 units in Poland within the next few years, driven by Mangal’s successful achievement of its growth targets. This would be a significant milestone for both companies, which aim to transform the fast-food industry with the world's first fully autonomous food franchise concept using state-of-the-art technology. A successful collaboration has the potential to generate around EUR 400 million in cumulative revenue from hardware sales alone for Circus over the coming years. Mangal x LP10 aims to expand its offering with a new brand and culinary concept inspired by traditional Turkish flavors – made possible by Circus Group's advanced robotics and its CA-1 autonomous food production robot. This collaboration is expected to enable Mangal x LP10 to operate fully autonomous stores, making it the first fully autonomous food franchise in the world. Mangal x LP10 aims to be the first global automated food franchise to meet the massive consumer demand in a market with over 40,000 independent kebab shops in Germany alone. The first flagship store is scheduled to open in Cologne/Duesseldorf in 2025, where customers will experience the seamless integration of automation and culinary expertise. The robots will enhance the authentic Mangal x LP10 experience, delivering consistently high-quality food with increased efficiency and hygiene. Mangal x LP10 Doner's move into automation underscores the company's commitment to innovation while staying true to its roots. By utilizing autonomous systems, the company aims to maintain its leadership position in the industry while setting a benchmark for the future of food franchising worldwide. Note to editors: Images can be downloaded HERE. The Circus Group (XETRA: CA1) is the leading AI robotics company, specializing in the translation of the fine art of cooking into full autonomy. On its mission to fuel humanity, Circus provides global access to balanced nutrition, for everyone, anytime. The company developed the world’s first commercially viable food production robot, Circus Autonomy One. Circus employs talents in AI, robotics engineering and food service across three locations and is headquartered in Hamburg, Germany. Mangal x LP10 Doner is one of Germany’s leading doner kebab chains, known for its authentic Turkish cuisine and popular offerings across the country. With this new venture into fully autonomous stores, Mangal x LP10 aims to redefine quick-service dining with technology while staying true to their culinary heritage. Circus SE
28.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | Circus SE |
Hongkongstrasse 6 | |
20457 Hamburg | |
Germany | |
E-mail: | ir@circus-group.com |
Internet: | https://www.circus-group.com/investors |
ISIN: | DE000A2YN355 |
WKN: | A2YN35 |
Listed: | Regulated Unofficial Market in Frankfurt, Munich (m:access) |
EQS News ID: | 1976061 |
End of News | EQS News Service |
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1976061 28.08.2024 CET/CEST
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