MTY Food Group Inc operates as a franchiser and owns restaurants offering different cuisines, including Chinese, Japanese, Western, Italian, etc.
Stanely Ma founded the company and opened a first full-service restaurant in Montreal in 1979.
In 1983 and 1988, MTY Group introduced a Chinese food brand named the TIKI MING and a Japanese food brand-SUKIYAKI.
The company was listed on the Toronto Stock Exchange in 2010 with ‘MTY’ as the trading symbol.
The food company owns and operates through a family of brands under various franchises and restaurants, including:
• Van Houtte
• Cafe Depo
• Madisons Restaurant & Bar
• Croissant Plus
• Big Smoke Burger
• Jus Jugo Juice
• Muffin plus
• Country Style
• Turtle Jack’s
• Koya Japan
• America’s Taco Shop
• the Counter Custom Burgers
Headquartered in Saint Laurent, Quebec, the business operations of the MTY Group are categorized into three geographical segments: Canada, the United States, and International.
In addition, it claims to derive significant revenue from the extensive business operations across Canada.
MTY Group claims to follow a multiple brand strategy to expand its business across North America by initiating new concepts in quick-service restaurants and making strategic acquisitions and alliances.
In July 2016, the Canadian company acquired Kahala brands, Ltd., with a combination of 5,500 franchised and corporate locations across the United States’ markets and international markets.
Further in March 2018, the group acquired Imvescor and added Baton Rouge, Scores, Ben & Florentine, Pizza Delight And Mikes brands to its existing portfolio.
The Group also purchased GRABBAGREEN, a quick-service restaurant.
In 2018, MTY Group acquired the following restaurant brands:
• Timothy’s World Coffee
• sweetFrog premium frozen yogurt
• casa GRECQUE
In April 2019, the MTY Group acquired Papa Murphy’s Take N Bake Pizza, a premium pizza brand in North America.
Today, MTY Group operates through its restaurant and franchisees in over 7000 locations across the world.