Skip to main content

File photo of Stanley Ma, the head of MTY Food Group Inc. at his office in Montreal.John Morstad/The Globe and Mail

MTY Food Group Inc. is adding two more restaurant brands to its extensive list – Baja Fresh Mexican Grill and La Salsa Fresh Mexican Grill – and their 185 franchised or corporate locations outside Canada.

The Montreal-based company says the $27-million (U.S.) purchase is part of its international expansion plans.

The purchase of BF Acquisition Holdings, LLC, would add 162 Baja Fresh and 23 La Salsa locations in the United States, Dubai and Singapore. All but 16 of the locations are franchised operations.

The headquarters for the BFAH business would be moved to Scottsdale, Ariz. – MTY's U.S. base since this year's acquisition of Kahala Brands Ltd. in a friendly deal valued at US$300-million.

Kahala added more than a dozen brands and 2,800 stores worldwide to MTY's holdings.

MTY's brands include ManchuWok, Villa Madina, Country Style, Mucho Burrito, Vanelli's and Thai Express.

Report an editorial error

Report a technical issue

Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 28/03/24 4:00pm EDT.

SymbolName% changeLast
MTY-T
Mty Food Group Inc
-1.14%51.13

Interact with The Globe