Canada’s MTY Food Group considers sale

Canada-based MTY Food Group has engaged Toronto-Dominion (TD) Bank to measure a imaginable sale, arsenic reported by Reuters.

MTY’s web comprises 7,061 units crossed North America and internationally, with 256 nether institution ownership and the remainder tally by franchisees.

The institution owns a portfolio of edifice brands that includes Pinkberry and Cold Stone Creamery, and operates oregon franchises much than 80 chains specified arsenic Wetzel’s Pretzels, Papa Murphy’s and TacoTime.

The Montreal-based institution has refused to remark connected the latest reports, portion TD Bank had not promptly responded to requests for comment.

With a marketplace worth of $550m, immoderate suitor would astir apt request to contiguous a premium to that valuation.

Financial results published for the 3rd 4th of 2025 ended 31 August showed MTY’s nett income attributable to owners dropping astir 20% to $27.9m, oregon $1.22 per diluted share, from $34.9m, oregon $1.46 per diluted share, successful the aforesaid 4th a twelvemonth earlier.

However, gross of the institution roseate astir 1% year-on-year to $297m.

MTY president Stanley Ma, established the concern successful 1979 and is its largest shareholder with a 13.9% stake, based connected information from the London Stock Exchange Group.

Ma was CEO from 2004 until 2018.

MTY Franchising USA, a subsidiary of MTY, acquired Wetzel’s Pretzels from Dallas-based backstage equity institution CenterOak Partners successful 2022.

It besides concluded the acquisition of BBQ Holdings successful the aforesaid twelvemonth for $200m, astatine $17.25 per share. The acquisition took BBQ Holdings private, removing it from nationalist trading.

"Canada’s MTY Food Group considers sale" was primitively created and published by Verdict Food Service, a GlobalData owned brand.

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