Kahala brand logos

Some of Kahala's brands include, clockwise from top left: Pinkberry, Planet Smoothie, Blimpie and Cold Stone Creamery.

Canadian company to acquire Kahala for $300M

Deal gives MTY Food Group Inc. long-awaited foothold in the U.S.

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.

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