Restaurant Brands International Inc (QSR.TO) said it would launch its coffee and doughnut chain, Tim Hortons, in Mexico as a part of its expansion plans.
The company said it would form a master franchise joint venture with a group of investors, whom they did not name, to launch the brand.
The joint venture company will be the master franchisee of Tim Hortons in Mexico, the company said.
Restaurant Brands, which also owns Burger King, did not mention when it would open its Mexican outlets or how many it plans to open either.
The move into Latin America comes after Tim Hortons, which has outlets in Canada, the United States and the Middle East, recently announced expansion plans in the Philippines and Great Britain.
(Reporting by Vishaka George in Bengaluru; Editing by Martina D’Couto for Reuters UK)
more recommended stories
Los Cabos, Mexico from a tourist point of view (VIDEO)
Laurel and Brandon went on vacation.
Quintana Roo beaches threatened by smelly seaweed invasion
MEXICO CITY (AP) — Tourists looking.
Tensions with China help U.S. see importance of North American trade (Jesus Seade)
MEXICO CITY (Reuters) – Tense U.S.-China.
Finally, the U.S. lifts tariffs on Canadian, Mexican metals
WASHINGTON/OTTAWA (Reuters) – The United States.
Puerto Vallarta is recognized as the world’s second most important beach destination for the LGBT community
Puerto Vallarta is internationally recognized as.
AMLO pardons defaulting CFE debtors in his homestate of Tabasco
Mexico’s Federal Electricity Commission (CFE) will.
U.S Treasury works with government of Mexico against perpetrators of corruption
On Friday May 17th, the United.
Domestic workers’ labor rights have been officially expanded in Mexico
Mexico’s Congress voted to grant the.
Smog from pollution continues to choke the skies over Mexico City
Mexico City authorities have announced a.
Mexico prepares tax deal with technology platforms
Mexico’s Finance Ministry plans to announce.