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In 2007, Kahala Corp and Cold Stone Creamery agreed to merge creating a combined company holding 13 diversified brands. The combined company generated more than $1.1 billion in system wide sales in partnership with 3,000-plus franchisees and more than 4,600 retail locations.
Jul 26, 2016 · At closing, Kahala operates 18 brands in 27 countries, totalling approximately 2,800 locations. The combined entity is expected to produce over C$2 billion annually in system sales generated by approximately 5,500 franchised and corporate locations.
With the Kahala Corp. acquisition, MTY positioned itself for the next leg of its growth plan: a launching platform for more acquisitions and brands development in the U.S.
Sep 24, 2018 · Kahala Brands, Ltd. (OTCPK:KAHL) acquired all of the assets of Sweet Frog Enterprises, LLC for $35 million on September 4, 2018. A total of approximately $28.9 million was paid on closing, financed from MTY's cash on hand and existing credit facilities, while $2.6 million in liabilities was assumed and $3.5 million was held back.
May 25, 2016 · Montreal-based restaurant operator MTY Food Group Inc. on Wednesday announced a deal to buy U.S. brand operator Kahala Corp. in a cash-and-stock deal valued at $300 million. The deal combines a...
May 25, 2016 · MTY Food Group Inc. has signed an agreement to acquire Scottsdale, Ariz.-based Kahala Brands, Ltd. for an estimated US $300 million.
On May 25, 2016, MTY acquired restaurant Kahala Franchising for 310M USD Acquisition Highlights. This is MTY’s 20th transaction in the Restaurants sector. This is MTY’s largest (disclosed) transaction. This is MTY’s 1st transaction in the United States. This is MTY’s 1st transaction in Arizona.
