GFM Network News


Canadian fast-food, dining firms plan merger

A restaurant firm with well known brands in Eastern Canada’s casual dining market is set to merge into a neighbouring firm behind the franchises populating many of Canada’s mall food courts. Montreal-based MTY Food Group announced Tuesday it has a cash-and-stock agreement in place to pick up all outstanding common shares of another Montreal firm, […] Read more

Dining firm Imvescor to shed veggie meals business

The Montreal parent firm for the Pizza Delight, Baton Rouge, Toujours Mikes and Scores restaurant chains is stepping out of the prepared meals business. Imvescor Restaurant Group announced Tuesday it has reached a deal to sell its Groupe Commensal subsidiary to Montreal processor Pasta Romana Foods for about $4.2 million. Commensal markets vegetarian refrigerated and […] Read more