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Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company.It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively.
Tim Hortons reportedly had plans by 2013 to enter the large Indian market, which the company denied. [45] In an effort to expand the company following its 2014 merger with Burger King into Restaurant Brands International, Tim Hortons began expansion in Asia in 2017 citing the increasing demand for coffee in large populations.
Get ready for a whopper of a business merger! Burger King has just announced plans to buy the Canadian coffee and doughnut chain Tim Hortons. In the fast food world, this news is almost as huge as ...
Restaurant Brands International Inc , beat estimates for quarterly results on Tuesday, boosted by higher prices and strong demand at its Burger King and Tim Hortons chains. Comparable sales at the ...
A contemporary Tim Hortons restaurant serves coffee, donuts and fast foods like sandwiches, wraps and chicken strips. There is talk about opening locations of the Canadian landmark eatery in South ...
The merger between Burger King and Tim Hortons created the fast food company now known as Restaurant Brands International Inc. [80] [81] In 2016, Burger King signed a build-to-suit lease agreement on a new 150,000 square feet (14,000 m 2 ) five-story headquarters building to be built at 5707 Blue Lagoon Drive, just down the street from its ...
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A Tim Hortons representative stated that the proposed merger would allow Tim Hortons to leverage Burger King's resources for international growth. The combined company became the third-largest international chain of fast food restaurants. [86] [87] From 1995 to 2005, Tim Hortons had been owned by Wendy's Restaurants, a competitor to Burger King.