GFM Network News


A Ben + Florentine restaurant in Ange-Gardien, Que. The breakfast-focused chain, now part of Imvescor, opened its 50th restaurant in November. (BenEtFlorentine.com)

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

A Cold Stone Creamery outlet in China. (ColdStoneCreamery.com)

Canadian firm to buy Taco Time, Cold Stone parent

A Montreal company known for mall food court and quick-service restaurant brands across Canada is set to buy a major U.S. player in the same sectors. MTY Food Group, which owns or holds franchises for 40 brands including Mr. Sub, Cultures, La Cremiere, Extreme Pita, Country Style, Yogen Fruz, TCBY and others, announced Wednesday it […] Read more