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Foodtastic bids to take over MTY Food

PRIVATENov 03, 2026

Acquiring Company

Foodtastic

Acquired Company

MTY Food Group

MontrealFood and BeverageHospitalityFood and BeverageFood And BeverageHospitality

Description

Foodtastic has made a takeover offer for MTY Food Group. MTY has replaced its CEO in connection with the offer. The text does not state the offer price or whether the offer is binding or accepted.

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Company Information

Company

Foodtastic

Location

Montreal, Quebec, Canada

About

Foodtastic is a leading Canadian restaurant franchisor with a portfolio of 27 diverse brands and over 1,200 establishments across the country. The company focuses on innovation and operational excellence to drive both national and international expansion. Iconic brands include Rotisseries Benny, La Belle et La Bœuf, Monza, Second Cup, Quesada, Freshii, and Pita Pit.

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Frequently asked

Who acquired MTY Food Group?

MTY Food Group was acquired by Foodtastic, based in Montreal. The deal was reported on November 3, 2026. Foodtastic is a leading Canadian restaurant franchisor with a portfolio of 27 diverse brands and over 1,200 establishments across the country. Foodtastic is privately held and operates in Food and Beverage.

When did Foodtastic acquire MTY Food Group?

Foodtastic's acquisition of MTY Food Group was reported on November 3, 2026. Foodtastic has made a takeover offer for MTY Food Group. MTY has replaced its CEO in connection with the offer. The text does not state the offer price or whether the offer is binding or accepted. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MTY Food Group do?

MTY Group franchises and operates quick-service and casual dining restaurants under approximately 80 different banners in Canada, the United States and internationally. It is privately held, operating in Food and Beverage.

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