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Sunday 22 December 2024
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Rbi announces agreement to grow the Tim Hortons brand in Minnesota

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OAKVILLE, ON, Canada – Restaurant Brands International Inc. (“RBI”) and Restaurant Development Partners (“RDP”) have entered into an Area Representative and Developer Agreement to expand and grow the iconic Tim Hortons brand across the state of Minnesota.

The agreement is the largest of its kind for the Tim Hortons brand in the U.S. and includes development commitments over the next 14 years.

“This development area shares many characteristics with other markets where we’ve been most successful in the U.S., representing a prime opportunity for the continued expansion of the Tim Hortons brand,” says Elías Díaz Sesé, President of Tim Hortons.

“The RDP team has a long history and deep expertise in real estate development that will serve them well in building scale and driving growth for the Tim Hortons brand in the region.”

“We’re thrilled to be joining the Tim Hortons family and look forward to introducing the brand to more than 5 million people across the state of Minnesota,” says Paul Durigon, CEO of RDP. “We firmly believe in the Tim Hortons concept and brand and feel it will be well received in this market.”

Joining the RDP team as President, to lead operations and growth for the development area is Mark Holly, who has a decade of corporate experience with the TIM HORTONS® brand and most recently led the company’s Canadian development team.

This agreement is the most recent by RBI in its plans to grow the Tim Hortons brand in the U.S. market. In February 2016, RBI announced an agreement with Luke Family of Brands to aggressively develop the brand in Indiana.

Tim Hortons opened its first restaurant in the U.S. in 1984. Today, the brand maintains a strong base of restaurants across Canada, the U.S. and the Middle East.

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