Montreal, MTY Food Group Inc., franchisor and operator of 2,263 quick service restaurants, reports today its wholly owned subsidiary, MTY Tiki Ming Enterprises Inc., has signed two area master development agreements with a master franchisee to develop two of its brands, Vanellis and Country Style in Lebanon.
“We are very excited to continue our expansion in another new market. We are entering Lebanon with a solid business partner and we are confident that both concepts will be successful in this context”, says Stanley Ma, President & CEO of MTY Group. “MTY will continue to look for new opportunities in the MENA region, and other countries in the future”.
Certain information in this News Release may constitute “forward-looking” information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.