3G has global plans for Tim Hortons

3G has global plans for Tim Hortons

International development, US ramp-up in the cards for Canadian institution

Tim Horton was an all-star defenseman for the Toronto Maple Leafs in the 1950s when he met Jim Charade and the two began opening hamburger restaurants. In 1964, Charade convinced Horton to open a coffee and doughnut shop.

Over the subsequent decades, that chain of coffee shops, Tim Hortons, would become a Canadian institution — with 3,600 locations that have average unit volumes exceeding $2 million and a 42 percent share of the country’s total quick service market,

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