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MTY Food Group is a Canadian franchisor and big-shot of numerous casual dining , fast casual First-class, and quick service restaurants operating under more than 70 brand names, some of them through owned subsidiaries. The enumerate of restaurant locations using those brand names more than doubled between and Most of its restaurants are located in shopping mall and cinema food courts while others are in convenience stores.
On November 30, the company created two hip subsidiaries when it combined five former ones. The move improved short spell cash flow by enabling it to take eminence of non-capital tax losses quicker. In , and in a bid due to the fact that faster expansion, MTY offered to buy the Quebec-based St-Hubert chain of restaurants with its rich chicken product menu.
The purchasing tag is reportedly million Canadian dollars in a stock-and-cash deal, and purposefulness add another existing outlets of the said characters with a reported annual sales figures of million Canadian dollars. The purchasing was finalized by the end of February
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