Group: System Sales and Mty

group: The corporate logo of MTY Food Group Inc. is shown, according to The Toronto Star. HO / THE CANADIAN PRESS Allo! Mon Coco has 39 franchised restaurants including 38 in Quebec and one in Ontario.MTY says the chain had roughly 57 million in system sales in the last 12 months. Financial terms of the deal were not immediately available. The deal includes the Allo! Mon Coco trademark for the world except the United States. Article Continued BelowMTY is a franchisor and operator of a broad range of restaurants including shopping mall food court staples such as Thai Express, Vanellis and Manchu Wok, as well as full-service restaurants such as Baton Rouge, Pizza Delight and Scores. Under the deal, MTY will obtain a right of first refusal should the owners of the trademark for the United States decide to sell it. (news.financializer.com). As reported in the news.

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