The premier brand in the restaurant business, Foodtastic Inc., is happy to report that its acquisition of Archibald Restaurants has been completed successfully. With the acquisition of the well-known restaurant chain based in Quebec, Foodtastic Inc. has expanded its portfolio and reached a major milestone in its growth and expansion path.
Following the completion of this acquisition, Foodtastic Inc. now has the sole right to expand Archibald Restaurants, a well-liked restaurant brand located in Quebec that is renowned for its distinctive menu items and for bringing people together to dine, drink, and dance in a lively environment. This assimilation into the Foodtastic Inc. family is a perfect example of the company’s unwavering commitment to providing its customers with unparalleled eating experiences.
“We are delighted to welcome Archibald Restaurants into the Foodtastic Inc. family,” said Peter Mammas, President, and CEO of Foodtastic Inc.. “This acquisition aligns seamlessly with our vision of providing diverse and exceptional culinary experiences across the province and country. We see tremendous potential in expanding the Archibald concept and are eager to embark on this journey. We are committed to working in partnership with the Archibald Microbrewery team to ensure the continued success of this iconic brand.”
Foodtastic Inc. intends to establish a number of additional Archibald Restaurants in the upcoming 24 months in an effort to bolster its position in the industry, the province, and Canada.
About Foodtastic Inc.
Foodtastic Inc. is a leading franchisor of restaurant brands in Canada, with over 1,100 restaurants and $1.1 billion in sales. With an extensive presence both domestically and internationally, Foodtastic Inc. continues to drive the growth and success of its portfolio through strategic acquisitions and innovative culinary experiences.
Foodtastic Inc.’s diverse range of brands includes popular names such as Freshii, Quesada, Second Cup, Pita Pit, Milestones, Fionn McCool’s, Shoeless Joe’s, Benny, La Belle et La Boeuf, Monza and many more. Each brand offers unique culinary experiences tailored to various consumer preferences, ensuring that Foodtastic Inc. remains at the forefront of the ever-evolving restaurant landscape.
About Archibald Restaurants
Proudly born in picturesque Lac Beauport, Archibald Restaurants are passionate about great beers and amazing food. They thrive to create approachable experiences that bring friends and families together around a good meal.
Since 2005, they brew and develop all styles of accessible craft beers, from classic Lagers to NEIPAs. Their 6 brewpubs welcome thousands of consumers every year and bring the cottage/forest to table experience to life in a unique environment. Archibald Restaurants have the best brewers, chefs and team players. Without their 600+ people team, they wouldn’t be leaders of the industry.
SOURCE: Foodtastic