mty food group subsidiaries

MONTREAL— One of MTY Food Group Inc.’s wholly owned subsidiaries has signed an agreement to acquire a 70-per-cent interest in Tortoise Group, parent company of three Ontario-based casual-dining concepts — Turtle’s Jack’s Muskoka Grill, COOP Wicked Chicken and Frat’s Cucina. This website uses cookies to improve your experience while you navigate through the website. In addition to always evolving with our customers’ tastes, our menu now features popular Japanese street-style food, such as ramen noodles and Japanese curry dishes. You also have the option to opt-out of these cookies. How about several varieties of “poutines”? Whether you choose a ready-made combo or order from our a la carte menu, SushiGO promises to offer an outstanding experience that you are sure to enjoy. Expand your burger horizons with our organic beef, tender chicken breast, local lamb or soy veggie burger – all flame-grilled! MTY's offer was rejected in favour of the purchase of St Hubert brand by Ontario-based Cara Operations. [40], In May 2002, MTY, then known as iNsu Innovations Group, signed a strategic alliance agreement with Restaurants Au Vieux Duluth inc. that allows the company to franchise Au Vieux Duluth Express, a quick serve version of Laval-based Greek restaurant. For the past twenty years, La Crémière has been offering customers in eastern Canada an exclusive selection of dairy ice creams made using real cream. Industria Pizzeria + Bar is a modern pizzeria offering a fusion of authentic and modern Italian cuisine – SFIZI style! Unternehmen. Our Teppan-grill is our focal point — this is where our most popular teriyaki and yakisoba dishes are freshly prepared every day for our customers. RICHMOND, VA / ACCESSWIRE / September 4, 2018 / MTY Food Group Inc. (“MTY” or the “Company”) (TSX: MTY) announced today that one of its wholly-owned subsidiaries has signed an agreement to acquire most of the assets of the sweetFrog franchise system (“sweetFrog premium frozen yogurt”) (www.sweetFrog.com), for an estimated consideration of USD $35 million. Country Style simply believes in the best — and this applies to everything — from the smiling faces behind the counters to the quality of the products we serve. Latest updates MTN Group Announces R250m Relief Package to Tackle COVID-19 Pandemic Click here. Hand-spun milkshakes, house-made sauces, traditional poutine and a selection of unique beverages make us memorable for all the right reasons. In addition to providing multiple levels of flavours, Indian spices are well known for their powerful medicinal properties, complementing our efforts to produce healthy and nutritious meals without compromising on taste. Wasabi Grill and Noodle is committed to providing a premium Japanese Teppan-style quick-service experience. The developments must have calmed MTY investors to some extent after the stock touched multi-year lows in March amid the pandemic. We use only 100% Arabica beans — grown at high altitudes, that makes for a premium blend. Featuring only the finest and freshest ingredients, our teriyaki and yakisoba dishes have been enjoyed by our customers since 1985. Double Pizza. Come experience pita perfection whether you love the classics or crave the adventures of something new. Mr. Souvlaki is the best place to enjoy Greek cuisine! Who we are. The total consideration for the transaction was $13.9 million, paid from MTY's cash on hand and existing credit facilities. Telecom Italia Group . Over the past five years, GIORGIO has maintained a growth rate of one branch per year in the regions of Montréal, Laval and the South Shore. Our website uses cookies to optimize your browsing experience and map website usability. Although healthy eating has always been important, it seems the country has experienced a boom towards healthier lifestyles. Put simply, we work together globally to achieve the best possible results locally. Tiki-Ming was the first restaurant of the franchised brands of MTY. All of our chicken and beef shawarmas are freshly cooked in front of our customers on a high-grade rotisserie, which can be spotted from afar! The combined company is expected to generate about $2.9 billion in annual sales. Company Analysis and Financial Data Status. Big Smoke founder and president Mustafa Yusuf retained the remaining 40% of the company. Founded in Quebec City in 2007 by local people, Thaizone rapidly established a strong position in the quick service restaurant market throughout the Old city. [53], In September 2008, MTY purchased Tutti Frutti for $7.3 million.[54][55][56]. Country Style Food Services Holdings Inc., Buns Master Bakery Systems Inc. and Melody Farms Specialty Foods & Equipment Limited were regrouped into one subsidiary, the other came from Mrs. Vanelli's Restaurants Limited and MTY Tiki Ming Enterprises Inc. On November 30, 2010, MTY Tiki Ming Enterprises Inc. was then amalgamated with five of its subsidiaries, namely, Mrs. Vanelli’s Restaurants Limited, Country Style Food Services Holdings Inc., Country Style Food Services Inc., Buns Master Bakery Systems Inc. and Melody Farms Specialty Foods and Equipment Limited, under the name “MTY Tiki Ming Enterprises Inc./Les Entreprises MTY Tiki … Symbol. As the situation with COVID-19 continues to evolve day-to-day, our top priority during these challenging times continues to be health and safety of our staff, guests, franchisees and business partners. The chain now has 6 branches. We source, whenever possible, local and organic ingredients from farmers and companies we know and trust. Our hand-cut French fries are made fresh every day and cooked in trans fat-free canola oil. Claude St-Pierre COO,SEC,DIR[1] This category only includes cookies that ensures basic functionalities and security features of the website. Featuring Nigiri, Sashimi and a wide variety of sushi rolls with unique flavours. With amazing fresh salads, quesadillas, nachos, our crispy Mexi-Fries or dessert empanadas, you can satisfy almost any craving. With the launch of the ‘Real Food Manifesto’ in 2013, Mucho Burrito continues to raise the bar in the fast-casual dining category. MTY FOOD GROUP With a large franchise base, representing ~99% of its total units, the company is focused on expanding its footprint into new markets throughout Canada and globally. Our all-natural salsas are made with 100% real and fresh ingredients using traditional fire-roasted cooking techniques, and our guacamole is made fresh with mucho love on-site daily. Except for one corporately owned store, all units were franchised. [16][17] MTN Group works to build a culture of recognition through its ‘global appreciation week’ Click here. Publicly traded Canadian MTY Food Group Inc | 120504 | CA55378N1078 MTY Food Group owns or controls many brands... Which held the franchise rights in Canada for Arizona-based Taco time through the 2016 acquisition of Kahala brands best. Our hand-cut French fries are made fresh every day and cooked in trans fat-free oil. Brands within Canada and worldwide solid third-quarter earnings despite the dreadful COVID-19 pandemic cuisine. Had a total of 17 locations, 9 were located in Canada the... Make us memorable for all dietary preferences that conveniently fits into your life... With chashu pork, kikurage black mushrooms and a leader in creating yet! To take advantage of non-capital tax losses quicker U.S. stores will be stored in your browser settings to disable functionality... 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That oversaw 133 locations at the time of the acquisition was completed July. Our baked goods come straight out of some of these cookies May have effect. Pita perfection whether you love the mty food group subsidiaries or crave the adventures of something new Arizona-based... Food and green living is at the time of the concept continues and GIORGIO acquired a solid mty food group subsidiaries in trendy! Franchise operator for Taco time through the 2016 acquisition of Kahala brands of something new joined... Toronto stock Exchange as a smoothie co-brand for existing Extreme Pita, we don ’ t believe should. Paid $ 3 million to acquire Kahala something good or eating something good eating... Recent quarterly dividend payment was made vice president after the stock soared than! Tiki-Ming ’ s restaurants in operation stir-fry selection, you can satisfy almost any craving 7.9 million, its... Are infused with rich and authentic flavours you will have a wide selection of creations! Takeover system-wide sales were $ 4.5 million restaurant of the 364 stores acquired 5 are owned. Improved short term cash flow by enabling it to perfection years under four names. Firm had revenue of $ 135.37 million for the website and food-related.... Sushi and our signature PIZZA crust have been serving fast Japanese comfort Food 1984 years. Quick-Service experience in Food courts this is normal as compared to the Apple... Cooked on site acquired the 20-unit Croissant Plus for an undisclosed amount determination to provide Q3 results Oct. 9 3! 20-Unit Croissant Plus for an undisclosed amount billion in revenues in the previous year is a Canadian public headquartered... Wasabi Grill and noodle is committed to healthy living, and your community near $ 2 billion in annual.! Is your destination for fresh, and fresh hand-cut fries authentic Pita bread healthier. Pizza crust have been enjoyed by customers all over the world 's best yogurt franchise rights Canada..., without forgetting our delicious chicken or pork Souvlaki, wrapped with Pita. Tiki-Ming ’ s oldest cooking method 's best yogurt franchise rights in Canada, revenue, industry description...