Press release MTY Food Group Inc. has announced that one of its wholly-owned subsidiaries has signed an agreement to acquire the assets of Timothy’s World Coffee (www.timothyscafes.com) and Mmmuffins (www.mmmuffins.com), from Threecaf Brands, Canada, Inc., a subsidiary of Le Duff America, for an estimated consideration of $1.675 million. Under the terms of the agreement, MTY will acquire the […]
Press release Arby’s Restaurant Group, Inc. (“ARG”) and Buffalo Wild Wings, Inc. (Nasdaq: BWLD) (“BWW”) today announced that the companies have entered into a definitive merger agreement under which ARG will acquire BWLD for $157 per share in cash, in a transaction valued at approximately $2.9 billion, including BWW’s net debt. The agreement, which has […]
Press release Imvescor Restaurant Group Inc. (“IRG” or the “Company”) (TSX: IRG) is pleased to announce that it has entered into a binding agreement to acquire Ben & Florentine, a leading franchisor in the breakfast and lunch category with over 40 locations across Quebec, Ontario and Manitoba. It will be an asset transaction with total […]
Press release Cara Operations Limited (TSX:CARA) (“Cara”) announces today that it has acquired a majority ownership interest in Original Joe’s Franchise Group Inc. (“Original Joe’s”) for $93 million. $90.0 million of Cara’s $93.0 million purchase price was used by Original Joe’s to re-acquire its trademarks and royalty rights from Diversified Royalty Corp (TSX:DIV) (“DIV”). Cara has funded its $93.0 million investment in […]
Press release Olymel L.P. has announced the acquisition of Pinnacle Farms Inc., a major hog producer located just east of Calgary, near Strathmore, Alberta. Olymel becomes the owner of all inventory and will now take over management of Pinnacle Farms operations. Pinnacle employs 30 persons who will now join the Olymel workforce. The transaction amount was not […]
Press release On March 31, 2016, Cara Operations Limited announced that it entered into a definitive agreement to acquire 100% of Group St-Hubert, Quebec’s leading full-service restaurant operator as well as a fully-integrated food manufacturer for $537 million. Cara announced on Sept. 2 that it has successfully completed the St-Hubert acquisition. Jean-Pierre Léger, the outgoing Chairman and CEO of St-Hubert commented, “I’m […]
Press release MTY Food Group Inc. (“MTY” or the “Company”) (TSX: MTY) announced today that it has signed an agreement to acquire the shares of Kahala Brands, Ltd. (“Kahala”) (www.kahalamgmt.com) pursuant to the merger of a wholly-owned subsidiary of the Company with and into Kahala in accordance with the terms and conditions of such agreement. […]
