Tim Hortons to Launch in China

Toronto-headquartered Tim Hortons, one of North America’s largest quick-service restaurant chains, announced today that it has entered into a joint venture agreement with New York city-headquartered Cartesian Capital Group, a global private equity firm, to develop and open more than 1,500 Tim Hortons restaurants throughout China over the next ten years. Tim Hortons has more than 4,700 system wide restaurants located in Canada, the United States and around the world.

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