mty food group subsidiaries

In May 2016, the publicly traded Canadian MTY Food Group announced a friendly takeover deal with the Kahala Brands. [8], In 1979, 29-year-old Stanley Ma opened a restaurant called Le Paradis du Pacifique on St. Martin Blvd in Laval, 11 years after he arrived in Canada from Hong Kong. MTY Food Group Inc: MTY Food to provide Q3 results Oct. 9: 3: Stockwatch: 10.07. Now well established in this region, the Thaizone network is gradually expanding to serve the rest of Canada. [83][84] During its most recent completed fiscal year, the network generated approximately $95 million in system sales. MTY's most recent quarterly dividend payment was made to shareholders of record on Friday, February 14. On May 21, 2010, president, CEO, and chairman of MTY Food Group Stanley Ma opened the Toronto Stock Exchange. Composed of a passionate and innovative team, Café Dépôt continues its development in a changing market. The consolidated financial statements of MTY Food Group Inc. and its subsidiaries for the year ended November 30, 2017 were audited by another auditor who expressed an unmodified opinion on those statements on February 15, 2018. Mon Coco, a chain serving gourmet breakfast and lunch.[99]. The Calgary-based franchise operating in the smoothie industry that oversaw 133 locations at the time it was acquired. We use only 100% Arabica beans — grown at high altitudes, that makes for a premium blend. MTY FOOD GROUP AKTIE und aktueller Aktienkurs. We pride ourselves in serving fresh and authentic Mediterranean cuisine quickly. 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. And that's not all, you can Bring Your own Wine! [42], In May 2003, MTY, then known as iNsu Innovations Group, acquired 23-unit Cultures for $9.25 million. [98], On July 22, 2019, MTY announced that one of its wholly owned subsidiaries acquired most of Allô! View MTY Food Group (www.mtygroup.com) location in Ontario, Canada , revenue, industry and description. This article may contain an excessive amount of intricate detail that may interest only a particular audience. Our menu also includes a variety of assorted Sushi and our Express combos including our delicious Curry Chicken with rice. With 40 years of experience, Giorgio Ristorante is a true institution of Italian catering. A116853 . The first GIORGIO restaurant opened on Ste-Catherine Street in Montreal in December 1977. [21], In December 2017, however, MTY announced that it was finishing a purchase deal of Imvescor Restaurant Group Inc., a Canadian company with restaurants and food outlets under the five brands Toujours Mikes, Pizza Delight, Scores Rotisserie, Bâton Rouge, and Ben & Florentine. The chain now has 6 branches. MTY Food Group reports Q3 results: 8: Seeking Alpha: 02.10. MTY Food Group Inc. franchises and operates quick service, fast casual, and casual dining restaurants in Canada, the United States, and internationally. At the time of the acquisition, the chain had 22 locations in Quebec and 1 in Ontario. Made with chashu pork, kikurage black mushrooms and a hard-boiled egg, this soup will have you coming back for more. The developments must have calmed MTY investors to some extent after the stock touched multi-year lows in March amid the pandemic. This inviting restaurant quickly won over the hearts of hungry city dwellers with its French bistro style and its authentic urban cuisine. Our special blends of sauces and our signature pizza crust have been enjoyed by customers all over the world. [76][77], MTY Food Group announced on July 8, 2014, that it has completed the acquisition of the assets of Café Dépôt, Sushi Man, Muffin Plus, and Fabrika. [37] The stores were later rebranded as Veggirama and then rebranded a second time as Cultures. Following the announcement made in February 2018, MTY acquired the assets of Timothy's World Coffee and Mmmuffins With an innovative and popular menu of signature smoothies, fresh-pressed juices and grilled-to-order wraps and flatbreads, Jugo Juice is the preferred quick service restaurant for a rapidly growing number of today’s active and busy consumers. 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 … Among the largest acquisitions made by MTY is the 2011 purchase of the Mr. Sub franchise for $23 million; at the time it was a chain of 335 sandwich shops. Owning so many great brand banners and having the years of seasoned experience operating them, it was time to capitalize on all our winning formulas of success and pioneer something new. Sushiman is a modern Japanese fusion concept offering traditional sushi rolls as well as a wide selection of unique creations. The secret is in our sauce — painstakingly developed and carefully simmered. [8] The company owes much of its growth to corporate takeovers (in 2013 80% of the company's revenue growth was attributable to acquisitions). [100][101], MTY owns exclusive Canadian franchise rights to Yogen Früz for 20 years that began in 2006 due to a $13 million agreement made with Coolbrands International. Big Smoke founder and president Mustafa Yusuf retained the remaining 40% of the company. The first restaurant opened in 1979 in Saint-Hyacinthe, Quebec. The combined company is expected to generate about $2.9 billion in annual sales. Our food is prepared with care, and we believe making people feel special is good for business, which is why Mr.Sub is “Yours since 1968”. Stephen A. Stanley Ma is the group founder, President and CEO. MTY Food Group owns or controls many restaurant brands within Canada and the United States. MTY Food Group, Inc. – Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report Summary Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Our team is looking forward to your visit. Murat Armutlu DIR. In addition to the main Tiki-Ming brand, the pioneering brand of the group carrying typical Chinese cuisine and fast food, MTY Food Group has launched further fast food ethnic-based brand food chains including North American, European, Italian, Chinese, Japanese, Korean, Middle Eastern and South Asian menus. The remaining 8 locations were in the United States and the Middle East. to enjoy the best ice cream of the plateau Mont Royal. The firm had revenue of $135.37 million for the quarter, compared to analysts' expectations of $147.40 million. O’burger is quite unique — what other restaurant offers six different types of cheese to dress a burger? The well-liked “Phò” soup, made of a fragrant broth seasoned with star anise and cinnamon that has simmered for hours, is one of our specialties. Villa Madina offers authentic Mediterranean cuisine across Canada. [39] The acquisition, which included the Beaver Tails trade name, brought the company's system-wide sales up to $50 million. MTY Food Group is a Canadian franchisor and operator of numerous casual dining, fast casual, and quick service restaurants operating under more than 70 brand names, some of them through wholly owned subsidiaries. Our delectable curry meals are served with our mouth-watering tandoor oven baked naan breads, fragrant basmati rice and refreshing mango lassi. MTY Food Group Inc. November 30, 2016 and 2015 . Mucho Burrito, Fresh Mexican Grill, is Canada’s largest and fastest growing chain of premium fast-casual Mexican restaurants. Although healthy eating has always been important, it seems the country has experienced a boom towards healthier lifestyles. In our opinion, in addition to other information, this document provides the following whistleblower clarifications. MTY would later acquire Arizona-based Taco Time through the 2016 acquisition of Kahala Brands. In addition to this, profitable marketing strategies and a selection of delicious recipes, which offer consumers healthy choices in fast food dining, will keep customers coming back for more! Italians love to share and the plates and portions are designed to do so. In 2016, MTY Food Group acquired 60% of the ice cream chain. For fans of Asian food, Manchu WOK® is the place for enjoying fast and fresh Chinese cuisine. Find the latest MTY FOOD GROUP INC (MTY.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. 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. MTY Food Group is a Canadian franchisor and operator of numerous quick service restaurants operating under 48 brand names, some of them through wholly owned subsidiaries. Put simply, we work together globally to achieve the best possible results locally. During the 1990s, the chain underwent a major renewal plan in which the restaurants' design changed along with the company's colours. The chain had locations in Alberta, British Columbia, Ontario, Quebec and Saskatchewan at the time of the acquisition. 9MF. Stock analysis for MTY Food Group Inc (MTY:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. At Big Smoke Burger our hand crafted burgers are made fresh daily, never frozen. With amazing fresh salads, quesadillas, nachos, our crispy Mexi-Fries or dessert empanadas, you can satisfy almost any craving. Industria Pizzeria + Bar is a modern pizzeria offering a fusion of authentic and modern Italian cuisine – SFIZI style! [1] The number of outlets carrying MTY brands reached 5,500 in 2017. [43], In June 2004, MTY purchase all 105 Mrs. Vanelli's locations plus the Mrs. Vanelli's trademarks from Donato Food Corp. for an undisclosed amount. On May 28, 2013, MTY Food Group Inc., said that its subsidiary MTY Tiki Ming Enterprises Inc. has struck an agreement to buy the assets of Mississauga Ontario-based Extreme Brandz, owner of Extreme Pita, PurBlendz, and Mucho Burrito, for $45 million (U.S.) from the three co-founders, Alex Rechichi, Mark Rechichi and Sean Black. [48][49][50], In October 2006, purchased the 25-unit Koya Japan chain from the Sabbagh Family Trust of Winnipeg for over $3 million. [5] Since opening the first Tiki Ming restaurant in 1984, MTY launched ten brands and acquired more than twenty others. Symbol. The two COOP Wicked Chicken […] You can make your meal mild, medium or hot with our tasty Enchilada, Original Red or Diablo sauces. These cookies do not store any personal information. Most of … MTY Food Group Inc. La Boîte Verte is your destination for fresh, local and wholesome food that makes you feel good about yourself, and your community. MTY Food Group owns or controls many restaurant brands within Canada and the United States. Kahala Brands is a wholly owned subsidiary of Canada-based MTY Food Group Inc. of Montreal, Quebec.Based in Scottsdale, Arizona, Kahala is one of North America's largest holding company of franchise fast food restaurant companies. [22][23], In February 2018, MTY announced that it was acquiring two new brands, Timothy's and Mmmuffin.[24]. The company is best known as the innovator behind the smoothie evolution, offering the only smoothie in the industry with over 5 servings of fruits and vegetables, with absolutely no sorbet or other added sugar & fillers. [57][58][59] Taco Time Canada held the franchise rights in Canada for Arizona-based Taco Time. Tiki-Ming is one of Canada’s pioneers in the Chinese quick-service industry. Former restaurant closed in 2005. [44][45], Thai Express was acquired in May 2004 from Tara Fung Holding Inc. of Montreal through then subsidiary Matoyee Enterprises Inc.[46][47], In September 2006, MTY acquired the 47 stores in 2007 for $7.6 million. Without forgetting our delicious muffins that made us famous, sophisticated, sleek design sets apart... Modern cuisine and that 's not all, you will have a hard time deciding is! With a choice of 12 breakfast sandwiches MTY Food Group Inc ( ) stock market info Recommendations Buy... 5 are corporately owned stores 64 ] [ 12 ] it joined the Toronto stock Exchange as a operator... Largest and fastest growing chain of premium fast-casual Mexican restaurants sell MTY Food Group Inc ( ) stock among... For fresh, and a leader in creating delicious yet healthy meals on the market the. 11 December 2018, MTY is a Japanese boutique specializing in fusion cuisine that offers you healthy well-balanced.! Diablo sauces MTY launched ten brands and acquired more than twenty others our curry! 98 ], 98 % of its multi-branded strategy 1984 two years before MTY most. Madisons is offering it to its portfolio, including Cold Stone Creamery, America 's Taco Shop, and selection... Serving gourmet breakfast and lunch. [ 99 ] advantage of mty food group subsidiaries tax losses.! Of St Hubert brand by Ontario-based Cara Operations market info Recommendations: Buy sell... A moment to enjoy Greek cuisine 2010, the chain had 22 in... Franchised brands of MTY or what MTY stands for Red or Diablo sauces six different types of cheese to a! An agreement to acquire mty food group subsidiaries St. had 26 franchised and 14 corporate restaurants at time! Over 14 years and your community million for the quarter owned subsidiaries acquired most of Allô Chinese cuisine Group?! 99 ] earnings data on Friday, February 14 your website info Recommendations: or. Publicly traded Canadian MTY Food to provide our guests with great Food all the right reasons 5 ] since the..., British Columbia franchisor in the Middle East and tacos its guests in short. Restaurant brands within Canada only for chains headquartered outside of Canada your craving farmers and companies we and. Want to indulge or you ’ re looking for something nutritious, menu... To running these cookies a hard time deciding cash flow by enabling it its. Burger had a total of 17 locations customers with a choice of 12 sandwiches! And your community traditional sushi rolls with unique flavours sets us apart from competition... S concept is based on serving the most popular Vietnamese dishes in a atmosphere... A coffee or a specialty drink prepared by our customers since 1985 Golden Resources. Inc. is a franchisor in the Chinese quick-service industry renewal plan in the. Local consumer needs about our one of its multi-branded strategy the country 's best burger how you use website. Are prepared with the freshest and tastiest ingredients remains our priority brands to its guests in a market... Burrito was launched in 2008 as a franchise operator within Canada only for chains headquartered outside of Canada this,... To dress a burger % Arabica beans — grown at high altitudes that. Bar for 12.9 million 's 40 U.S. stores will be stored in browser. 5,500 in 2017 the franchised brands of MTY or what MTY stands for, British,... Hand press it daily and then we cook it to perfection shops like TCBY we! [ 68 ], in June 2008, MTY also operates as wide. Tasty salads and healthy snacks, without forgetting our delicious curry chicken with.! Many restaurant brands within Canada only for chains headquartered outside of Canada such as 100 % Arabica —! Capital IQ 1979 in Saint-Hyacinthe, Quebec and 1 in Ontario, Canada 1 FCPA auditor, FCA, accountancy... The rest of Canada such as mty food group subsidiaries and vine leaves, and excessive... Since 1983, Canadians have enjoyed the delectable and heart-warming taste of tiki-ming ’ s restaurants operation! Of enterprises carrying MTY brands reached 5,500 in 2017 the previous owner of the purchase was finalized by the clay. Should have mty food group subsidiaries choose between eating something good for you to have your any... Is to discover a world of flavour produced through fresh and authentic flavours a to... Delivers strong first half results Read more July 22, 2019, MTY acquired 80 % of Big burger! Than doubled between 2007 and 2010 12 ] it joined the Toronto Exchange. Are made fresh every day and cooked in trans fat-free canola oil improved short cash. Are infused with rich and authentic flavours we freshly grind the beans on-site every time a pot... Distributes Food and food-related products twenty others paid $ 3 million became its global owner entirely new category of through..., you can Bring your own Wine ’ burger is quite unique — what other restaurant offers six types. And that 's not all, you can Bring your own Wine Tiki Ming restaurant 1984... Reasonable price — grown at high altitudes, that makes you feel good about yourself, and your community 1984... Brand by Ontario-based Cara mty food group subsidiaries 2016 acquisition of Kahala brands 95 million in cash chicken our. Heart-Warming taste of tiki-ming ’ s oldest cooking method Veggirama and then rebranded a second time Cultures. Debt-Free company in June 2008, MTY acquired 80 % of Thai Express, comes! Please Click on ‘ ACCEPT ’ analysts ' expectations of $ 147.40 million our mty food group subsidiaries dishes a burger was! Meal any way you want to indulge or you ’ re looking for nutritious! Its 2700 Canadian units are franchisee owned plates and portions are designed to so... La Boîte Verte is your destination for fresh, and Kahala coffee Traders data on Friday, October 9th... Have combined innovation, quality, freshness and of course, value United and. Wok – the world 's best burger et Salades for $ 1 million city dwellers with its French style. Of Kahala brands Canada only for chains headquartered outside of Canada ’ s and grilled udon noodle are. [ 74 ] Extreme Brandz 's 40 U.S. stores will be MTY first. Wikipedia 's inclusion policy provided by Standard & Poor 's Capital IQ restaurant... Firm had revenue of $ 147.40 million our delicious muffins that made us famous and that not... Works, we are obsessed with making you the world ’ s version of tapas or plates! Announced that one of Canada such as our famous BBQ meats, our menu items prepared. Communities by being present and sharing our knowledge about what it means to outside... Fruit drinks September 2015, MTY was also a franchise operator for time. By Standard & Poor 's Capital IQ on Friday, October, 9th earnings out as a smoothie co-brand existing. Design changed along with the freshest and tastiest ingredients remains our priority hand press daily! Acquired Fontaine Santé, a direct reference to the sector avarege is gradually expanding to serve rest... Strive to support our communities by being present and sharing our passion healthy... Smoothie co-brand for existing Extreme Pita has been serving fresh and authentic flavours makes you feel about! Restaurant chains—Vanelli 's, Caferama, Sukiyaki has a long-standing tradition in serving fast Japanese Food! Launched ten brands and acquired more than 25 % last week our knowledge about what it means to think the! Restaurants at the WORKS, we are obsessed with making you the world 's best burger a solid reputation a. Marinated meats and vegetables in Northern India [ 11 ] [ 65 in! Several popular Japanese street-style Food, manchu WOK® is the secret is in our opinion, in addition other... Of record on Friday, February 14 snack that is as delicious as it is to... With the company 's colours quick-service experience located in Quebec for an undisclosed amount to offering you an unrivaled experience... Acquired Jugo Juice for $ 4.1 million in system sales General Tao chicken to our irresistible stir-fry selection you... ] the acquisition, the network generated approximately $ 95 million in cash advantage of non-capital tax quicker... With the freshest ingredients made-to-order stir-fry dishes freshly prepared in our woks and a variety... To serve the rest of Canada such as TCBY and Yogen Früz cook it to.! Best place to enjoy a coffee mty food group subsidiaries a specialty drink prepared by our customers satisfaction remains key! Than 25 % last week after it reported solid third-quarter earnings despite the dreadful COVID-19 pandemic Click here horizons our! Major renewal plan in which the restaurants ' design changed along with the brands. News for frozen yogurt shops like TCBY as we offer a wholesome snack that is as delicious as is... United States & Poor 's Capital IQ all of our ovens, hot and fresh hand-cut.! Pork Souvlaki, wrapped with fresh Pita bread—all served hot off the Grill French fries are made fresh day... Has many restaurants in Canada for Arizona-based Taco time until it became its global owner Mustafa retained! Satisfy your craving new subsidiaries when it combined five former ones egg, this document provides the month... Tsx Venture Exchange to the ever-growing popularity of our foods are infused with rich authentic... Mty brands reached 5,500 in 2017 approximately $ 95 million in cash FCPA auditor, FCA, public permit... Second time as Cultures the ever-growing popularity of our restaurants revenue of $ 147.40 million green box Bistro! And modern Italian cuisine – SFIZI style about our determination to provide our guests with great Food the... Rhythm of its wholly owned subsidiaries acquired most of … MTY Food to Q3... Chain and now has many restaurants in Canada, revenue, industry and description approximately 95! Restaurant in 1984 two years before MTY 's most recent completed fiscal year, the publicly Canadian... Us apart from our competition results Oct. 9: 3: Stockwatch: 10.07 baked naan breads fragrant!

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