Foodtastic

Last updated
Foodtastic
Company type Private
Industry Restaurant
FounderPeter Mammas and Lawrence Mammas
Headquarters
Montreal, Quebec
,
Canada
Website foodtastic.ca OOjs UI icon edit-ltr-progressive.svg

Foodtastic is a Canadian restaurant holding company headquartered in Montreal, Canada. Founded in 2016 by brothers Lawrence and 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.

Contents

Founded as a loose association of various Quebec restaurants, including Nickels Grill & Bar linked to Céline Dion and René Angélil, Foodtastic has expanded in a $1.2 billion empire of fast food, fast casual, pubs, and coffee chains. [1]

Acquisitions

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 franchise 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

Canadian Franchise Operator

See also

References

  1. ↑ Castaldo, Joe (23 March 2023). "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.
  2. ↑ "Canada: Foodtastic Acquires Copper Branch, Plans 40 New Locations". Vegconimist. 19 May 2021. Retrieved 3 February 2025.
  3. ↑ Dong, Irene (12 January 2023). "Canadian plant-based restaurant chain Copper Branch heads Down Under". Inside Retail. Retrieved 3 February 2025.
  4. ↑ MacAlpine, Ian. "Pita Pit, which originated in Kingston, sold to Montreal company". Whig Standard. Retrieved 3 February 2025.
  5. ↑ Siekierska, Alicja. "Goodbye downtown, hello suburbs: What the new Second Cup owner has in store". Yahoo! Finance. Retrieved 3 February 2025.
  6. ↑ Bundale, Brett. "Montreal-based Foodtastic to buy restaurant chain Freshii for $74.4 million". Global News. Retrieved 3 February 2025.
  7. ↑ "Recipe Unlimited reports 2022 second quarter results". Recipe Unlimited. Retrieved 3 February 2025.
  8. ↑ "Fairfax Financial: Severance Packages". Samfiru Tumarkin LLP. Retrieved 3 February 2025.
  9. ↑ Carlberg, Amy. "Global French taco chain opening First Canadian locations in Toronto". BlogTO. Retrieved 3 February 2025.
  10. ↑ "Jimmy John's Is Ready for Canada: "The Sandwich of Sandwiches" Opens Its First Canadian Location on Tuesday, Nov. 19, in Toronto". Business Wire (Press release). Retrieved 3 February 2025.
  11. ↑ Patterson, Craig (18 November 2024). "Jimmy John's Opens in Canada with Plans for 200 Locations". Retail Insider. Retrieved 3 February 2025.
  12. ↑ "Foodtastic Inc. Completes Acquisition of Archibald Restaurants". Cision. Retrieved 3 February 2025.
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