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MTY Food Group Inc. 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. [2] Headquartered in the Montreal borough of Saint-Laurent, Quebec, the number of outlets carrying MTY brands reached 5,500 in 2017.
Stanley Ma (born in Hong Kong in 1950) is a Canadian businessman and founder and President of MTY Food Group that owns a wide variety of food brands and sells fast food chain outlets. In 2023, the company is behind more than 80 brands, [ 1 ] with over 7000 locations worldwide.
A few years later, its founder, Jean-Pierre Robin, opened a second restaurant in Saint-Hyacinthe in order to meet the demand for its "famous hot-dogs". The chain's success increased and reached a turning point: the brothers opted for franchising as the company's mode of functioning for its future restaurants.
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MTY Food Group's steady free-cash-flow-creation abilities are available at a discount. A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 40% to Buy and Hold Forever Skip to main ...
Baja Fresh is an American chain of fast-casual Tex Mex restaurants founded in Newbury Park, California, in 1990 and headquartered in Scottsdale, Arizona.It is owned by Canadian franchisor MTY Food Group. [1]
Every investor in MTY Food Group Inc (TSE:MTY) should be aware of the most powerful shareholder groups. Generally speaking, as a company grows, institutions will increase their ownership.
In April 2018, Groupe Le Duff subsidiary Threecaf Brands sold Timothy's World Coffee and mmmuffins to Canadian company MTY Food Group of Richmond Hill, Ontario, for $1.7 million, of which $1.2 million was in cash, $0.2 million in assumed liabilities, and $0.3 million as a holdback. [6]