MTY Food Group is a Canadian franchisor and operator of numerous casual dining, fast casual, and quick service restaurants operating under more than 70 brand names, some of them through wholly owned subsidiaries.

The number of outlets carrying MTY brands reached 5,500 in 2017. Stanley Ma is the group founder, President and CEO.

MTY Food Group’s ever-expanding brands include Thaï Express, Country Style, Groupe Valentine, Vanelli’s, Extreme Pita, Cultures, La Cremiere, Sushi Shop, Veggirama, Caferama, O’burger, Tiki Ming, Vie & Nam, Au Vieux Duluth Express, FranxSupreme, ChicknChick, Croissant Plus, Koya Japan, Kim Chi, Panini, Tandori, Tutti Frutti, Villa Madina Mediterranean Cuisine, Sukiyaki, Taco Time, Yogen Früz, and the Canadian branch of TCBY.

The number of restaurant locations using those brand names more than doubled between 2007 and 2010.

Since opening the first Tiki Ming restaurant in 1984, MTY launched ten brands and acquired more than twenty others. Four of the restaurant chains—Vanelli’s, Caferama, Sukiyaki, and La Cremiere—also operate in the Middle East. There used to be a computer and technology division named Gold Tech Computer Systems Ltd., but it was spun off in 2003, renaming itself MTY Food Group Inc.

In 2017 most of its restaurants were located in shopping malls and cinema food courts with others located in convenience stores. But by 2019 only 22% of its stores were in food courts.

The company owes much of its growth to corporate takeovers (in 2013 80% of the company’s revenue growth was attributable to acquisitions). It operates in Canada, United Arab Emirates, Jordan and Morocco and in 2009 revenue from franchise fees increased 75%.

It joined the Toronto Stock Exchange as a debt-free company in June 2010. Prior to this it traded on the TSX Venture Exchange for 15 years under four different names. 98% of its 2700 Canadian units are franchisee owned.

Traded as:           TSX: MTY

Founded:            1979; 42 years ago as Le Paradis du Pacifique

Founder:             Stanley Ma

Headquarters:   Saint-Laurent, Montreal, Quebec, Canada

Divisions:

• MTY Tiki Ming Enterprises
• Taco Time Canada Inc. (founded as taco foods ltd., 1977)
• Country Style Food Services Holdings Inc. (founded 1962)
• Yogen Fruz Canada Inc. (founded 1986)

Subsidiaries:       Kahala Brands

Website:              www.mtygroup.com