M&A Deal Summary

MTY Acquires Mrs. Vanelli s Restaurants

On April 21, 2004, MTY acquired restaurant Mrs. Vanelli s Restaurants from Donato Food

Acquisition Highlights
  • This is MTY’s 2nd transaction in the Restaurants sector.
  • This is MTY’s 2nd transaction in Canada.
  • This is MTY’s 1st transaction in Ontario.

M&A Deal Summary
Date 2004-04-21
Target Mrs. Vanelli s Restaurants
Sector Restaurants
Buyer(s) MTY
Sellers(s) Donato Food
Deal Type Divestiture

Target

Mrs. Vanelli s Restaurants

Oakville, Ontario, Canada
Mrs. Vanelli's Restaurants Ltd. with 90 outlets in Canada, and 15 franchised outlets in the Middle East, for the retail sale of pizza, pasta, salads, and panini sandwiches, etc. Mrs. Vanelli’s system-wide sales for the last fiscal year were over $34 million with strong future growth potential, both in Canada and abroad.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

MTY

St. Laurent, Quebec, Canada
Category Company
Founded 1979
Sector Food
Employees7,326
Revenue 1.2B CAD (2023)
DESCRIPTION

MTY is among the foremost quick service companies in Canada. It operates 26 banners, of which 22 are fully owned and 4 are under exclusive license agreements. MTY Group's multi-bannered strategy has allowed it to become a leader in its class. MTY was incorporated in 1979 and is based in Saint-Laurent, Canada.

DEAL STATS #
Overall 3 of 48
Sector (Restaurants) 2 of 40
Type (Divestiture) 2 of 3
State (Ontario) 1 of 14
Country (Canada) 2 of 37
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-10-14 Thai Express Pte

Singapore, Singapore

Thai Express (S) Pte, Ltd. operates a chain of restaurants in Australia, China, Indonesia, New Zealand, Malaysia, Singapore, and Mongolia. Most of the outlets are food court unit, with huge future growth potential, which will enhance MTY’s existing line of quick service restaurant business.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-01 Yogen Fruz Canada

Markham, Ontario, Canada

Yogen Fruz Canada, Inc. the owner and franchisor of the Yogen Fruz frozen dessert retail chain. Company offers frozen desserts, fresh fruits, toppings, mixes, and smoothies. The company also franchises its business.

Buy $3M

Seller(S) 1

SELLER

Donato Food

Oakville, Ontario, Canada
Category Company
Founded 1981
Sector Restaurants
DESCRIPTION

Donato Food Corp. is a operator of quick-service restaurants. The company also operates restaurants through owner-operated franchises. Donato Food Corporation was founded in 1981.

DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2004) 1 of 1
Mergr

Product

Company

Legal