OAKVILLE, ONT. — Restaurant Brands International, parent company of Tim Hortons and Burger King, announced a joint venture with a group of investors in Mexico that will bring the Tim Hortons brand to Latin America for the first time.
The joint venture company will be the master franchisee of the Tim Hortons brand in Mexico and will be responsible for developing and growing the brand in the country.
|Daniel Schwartz, c.e.o. of Restaurant Brands International|
“We are continuing to build on our commitment of taking the Tim Hortons brand and Canada’s favorite coffee around the world,” said Daniel Schwartz, chief executive officer of Restaurant Brands International. “Mexico has a thriving coffee market so we are very optimistic about the opportunity to grow the brand across the country.”
This latest development agreement is part of Restaurant Brands’ plans to develop and grow the Tim Hortons brand internationally. In 2016, the company announced similar agreements in the Philippines and Great Britain.
|Elías Díaz Sesé, president of Tim Hortons|