
Doble doble, por favor: Tim Hortons heads to Mexico, first foray into Latin America
OAKVILLE, Ont. — Tim Hortons is saying hola to Mexico.
Restaurant Brands International Inc. (TSX:QSP) said Friday it is working with a group of investors to bring the coffee-and-doughnut chain to the country, which would be its first foray into Latin America.
“Mexico has a thriving coffee market so we are very optimistic about the opportunity to grow the brand across the country,” RBI CEO Daniel Schwartz said in a statement.
The company said it would form a master franchise joint venture with the investor group, which would be responsible for growing the Tim Hortons brand in Mexico.