In May 2016, the publicly traded Canadian MTY Food Group announced a friendly takeover deal with the Kahala Brands. , 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.  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.. 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! , In May 2003, MTY, then known as iNsu Innovations Group, acquired 23-unit Cultures for $9.25 million. , 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. , 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. , 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.  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.  The company owes much of its growth to corporate takeovers (in 2013 80% of the company's revenue growth was attributable to acquisitions). , 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.  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!  The number of outlets carrying MTY brands reached 5,500 in 2017. , 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. , In October 2006, purchased the 25-unit Koya Japan chain from the Sabbagh Family Trust of Winnipeg for over $3 million.  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. , In February 2018, MTY announced that it was acquiring two new brands, Timothy's and Mmmuffin.. 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