Asia's answer to Chipotle is now a $1.5 billion public company
A Guzman Y Gomez location in Port Macquarie, Australia.
James D. Morgan via Getty Images
- Restaurant chain Guzman y Gomez went public in Australia, raising $162 million.
- Thursday's IPO is Australia's largest in nearly a year, with shares up 36% from the offer price.
- Funds will fuel GYG's plan to expand to 1,000 outlets in Australia over the next 20 years.
Asia's version of Chipotle — a Mexican fast-casual chain called Guzman y Gomez — just went public in Australia.
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