Francorp deepens legal side of IP offering through partnership with Destek Patent

03 February 2025 Consultancy-me.com

Francorp, a Dubai-based boutique specialised in franchising, has inked a partnership with Destek Patent, aimed at boosting its offerings around intellectual property management.

Since its establishment in 1976, Francorp has helped more than 16,000 entrepreneurs setup franchise agreements with well-known brands, and vice versa, helped brands with expanding into new markets through a franchise model. Francorp supports the full life cycle of the franchise agreement, from strategy and franchising system development through to closing deals and optimization during operations.

“At Francorp, we understand the importance of securing intellectual property in a franchise system,” said Imad Charaf Eddine, Chairman and CEO, Francorp. “Teaming up with Destek allows us to offer our clients comprehensive protection, ensuring that their brands and innovations are fully secured in a rapidly growing market.”

The new partnership will see Francorp deepen its offering with the legal expertise from Destek Patent, a Turkey-based company with over 40 years of experience in intellectual property and rights management. The firm is one of the leading players in the field in the Middle East, with a team of over 200 staff (including 50 attorneys) working daily on all aspects of intellectual property.

“Our joint offering will ensure that trademarks, patents, and other intellectual property (IP) assets are safeguarded throughout the franchising process. Ultimately, this collaboration is expected to provide a more streamlined and effective way for companies to protect their intellectual property as they expand their franchise operations,” explained Charaf Eddine.

“Our aim is to ensure that both brands and entrepreneurs can do business while enjoying greater security and innovation.”

Faruk Yamankaradeniz, Chairman of Destek Patent, said the company is excited to be expanding its footprint in the franchising world. “We are eager to work alongside Francorp to offer tailored intellectual property solutions that can protect franchisees and franchisors alike.”