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Canada > Ontario
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Archived
Date hidden: 2018-01-23
Date created: 2018-01-22
Date published: 2018-01-23
Last modification: 2020-12-14 
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Description
EN
Tim Hortons Inc. (known internationally as Tim Hortons Cafe and Bake Shop, colloquially and corporately known as Timmys, Timmy, or Tims) is a Canadian-based multinational fast food restaurant known for its coffee and donuts.[6][7] It is also Canada's largest quick service restaurant chain; as of December 31, 2016, it had a total of 4,613 restaurants in nine countries.[3][8][9][10]
The company was founded in 1964 in Hamilton, Ontario, by Canadian hockey player Tim Horton (1930–1974) and Jim Charade (1934–2009), after an initial venture in hamburger restaurants.[11][12] In 1967, Horton partnered with investor Ron Joyce, who assumed control over operations after Horton died in 1974. Joyce expanded the chain into a multimillion-dollar franchise. Charade left the organization in 1966 and briefly returned in 1970 and 1993 through 1996.
On August 26, 2014, Burger King agreed to purchase Tim Hortons for US$11.4 billion;[13] the chain became a subsidiary of the Oakville-based holding company Restaurant Brands International on December 15, 2014, which is majority-owned by Brazilian investment firm 3G Capital.[14]
CREDIT: WIKIPEDIA
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