Foodtastic
 Red Foodtastic logo | |
| Company type | Private |
|---|---|
| Industry | Restaurant |
| Founder | Peter Mammas |
| Headquarters | , Canada |
Foodtastic is a Canadian restaurant holding company headquartered in Montreal, Canada. Founded in 2016 by Peter Mammas, the company has rapidly expanded its portfolio through the acquisition and expansion of established brands. As of now, Foodtastic manages over 1,200 restaurants across Canada, as well as internationally.
Founded as a loose association of various Quebec restaurants, including Nickels Grill & Bar linked to Celine Dion and René Angélil, Foodtastic has expanded in a $1.2 billion empire of fast food, fast casual, pubs, and coffee chains.[1]
Acquisitions
[edit]In May, 2021 Foodtastic acquired Copper Branch one of the largest plant based chains in the world with locations in Canada, France, and the Netherlands. There are plans to expand to 40 new locations within Canada, as well as Australia and New Zealand.[2][3] Pita Pit was acquired in August, 2021.[4] In November 2021, they purchased Second Cup from Aegis Brands Inc, with plans to expand into the suburbs.[5]
In 2022, Foodtastic acquired a majority interest in Shoeless Joe’s Sports Grill, Quesada Burritos & Tacos, and Freshii.[6]. As well as acquiring the Prime Pubs subsidiary of Prime Restaurants from Recipe Unlimited[7][8]; which includes Fionn MacCool's, Tir Nan Og, Paddy Flaherty's, and D'Arcy McGee's.
In 2023, Foodtastic acquired Noodlebox and Milestones. As well as partnering with O'Taco to bring the French franchise to Canada with stores expected to open in 2024[9] but as of February 2025 none are currently open.
In 2024, Foodtastic opened the first Jimmy John's franchaise in Canada, on November 19th, in Toronto, Ontario[10] at Sherway Gardens with plans to open 200 locations.[11] They also acquired Archibald Restaurants in November.[12]
Brands
[edit]- Archibald Restaurants
- Big Rig Kitchen & Brewery
- Bācaro Pizzeria
- Carlos & Pepe's
- Chocolato
- Copper Branch
- Enoteca Monza Pizzeria Moderna
- Fionn MacCool's
- Freshii
- Fusée Rôtisserie
- Gatto Matto
- La Belle & La Boeuf Burger Bar
- La Chambre
- L’Gros Luxe
- Milestones Grill and Bar
- Nickels Grill & Bar
- Noodlebox
- Pita Pit (except the USA franchise)
- Quesada Burritos & Tacos
- Rotisseries Benny
- Rôtisserie Au Coq
- Second Cup
- Shoeless Joe's
- Souvlaki Bar
- Tommy Café
Canadian Franchise Operator
[edit]See also
[edit]
References
[edit]- ^ Castaldo, Joe. "Despite more than 1,000 restaurants in his portfolio, Foodtastic CEO Peter Mammas is hungry for more". The Globe And Mail. Retrieved 3 February 2025.
- ^ "Canada: Foodtastic Acquires Copper Branch, Plans 40 New Locations". Vegconimist. Retrieved 3 February 2025.
- ^ Dong, Irene. "Canadian plant-based restaurant chain Copper Branch heads Down Under". Inside Retail. Retrieved 3 February 2025.
- ^ MacAlpine, Ian. "Pita Pit, which originated in Kingston, sold to Montreal company". Whig Standard. Retrieved 3 February 2025.
- ^ Siekierska, Alicja. "Goodbye downtown, hello suburbs: What the new Second Cup owner has in store". Yahoo! Finance. Retrieved 3 February 2025.
- ^ Bundale, Brett. "Montreal-based Foodtastic to buy restaurant chain Freshii for $74.4 million". Global News. Retrieved 3 February 2025.
- ^ "Recipe Unlimited reports 2022 second quarter results". Recipe Unlimited. Retrieved 3 February 2025.
- ^ "Fairfax Financial: Severance Packages". Samfiru Tumarkin LLP. Retrieved 3 February 2025.
- ^ Carlberg, Amy. "Global French taco chain opening First Canadian locations in Toronto". BlogTO. Retrieved 3 February 2025.
- ^ "Jimmy John's Is Ready for Canada: "The Sandwich of Sandwiches" Opens Its First Canadian Location on Tuesday, Nov. 19, in Toronto". Business Wire. Retrieved 3 February 2025.
- ^ Patterson, Craig. "Jimmy John's Opens in Canada with Plans for 200 Locations". Retail Insider. Retrieved 3 February 2025.
- ^ "Foodtastic Inc. Completes Acquisition of Archibald Restaurants". Cision. Retrieved 3 February 2025.