Rainbow International Restoration and The Dwyer Group reacquire the Germany master franchise license from the previous master license.
"Reacquiring this master lciense 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," as quoted by Mike Bidwell, president and CEO of The Dwyer Group.
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 is currently expanding the brand in Germany, Ireland and the UK.
Rainbow International President Mark Welstead is thrilled about the prospective expansion in Germany.
"The headway in Germany by our previous master licensee will allow our brand to continue to grow and strive in the German economy," as quoted by Welstead.
"We look forward to continuing this forward momentum and expanding our service reach throughout the country," the Rainbow International President added.
Rainbow International Restoration provides professional cleaning and restoration to different clients all over the world.
The services offered by the company include carpet services and restoration services for fire damage, water damage, smoke damage, mold damage to name a few.
Rainbow International Restoration is a subsidiary of The Dwyer Group with over 300 service locations across the globe.
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.
It is one of the world's largest international service franchising organizations.
Dwyer Group has been awarded the Top 50 Franchises for Veterans by USA Today and WorldFranchising Network. The company also grabbed a spot in "Fanchise 500," a list of 500 top businesses by Entrepreneur magazine.