Tim Hortons
Tim Hortons Inc. is a Canadian multinational fast food restaurant chain. Tim Hortons serves coffee, doughnuts, and other fast food items based in Toronto. Canada's largest quick-service restaurant chain, with 4,846 restaurants in 14 countries as of December 31, 2018.
The company was founded in 1964 in Hamilton, Ontario, by Canadian hockey players Tim Horton and Jim Charade, after an initial venture in hamburger restaurants. In 1967, Horton partnered with investor Ron Joyce, who assumed control over operations after Horton died in 1974. Joyce expanded the chain into a multi-billion dollar franchise. Charade left the organization in 1966 and briefly returned in 1970 and 1993 through 1996.
On August 26, 2014, Burger King agreed to purchase Tim Hortons for US$11.4 billion. The chain became a subsidiary of the Canadian holding company Restaurant Brands International, which is majority-owned by Brazilian investment firm 3G Capital, on December 15, 2014.
Tim Hortons' first stores offered only two products – coffee and doughnuts. Aside from its coffee, tea, hot chocolate, and doughnuts, the menu now contains several other baked goods, such as bagels. In the mid-1990s, the chain moved into specialty and premium items such as flavored cappuccino, iced cappuccino, and iced coffee.
Detail information:
Website: https://www.timhortons.com/
Headquarters: Toronto, Ontario, Canada