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Page 15 - Eric Lefebvre News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MTY Food Group hikes dividend amid post-pandemic restaurant rebound, new acquisitions

MTY Food Group hikes dividend amid post-pandemic restaurant rebound, new acquisitions
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FY2027 Earnings Forecast for Pliant Therapeutics, Inc (NASDAQ:PLRX) Issued By SVB Leerink

Papa Murphy s Parent to Acquire Wetzel s Pretzels for $207 Million

MTY Food Group, parent of Papa Murphy's and several other chains, announced Tuesday that it's spending $207 million to acquire Wetzel's Pretzels.  The California-based snack chain operates more than 350 locations in 25 states, Canada, and Panama, with 90 percent of those being franchised. In the past year, sales reached $245 million. The transaction is expected to close in the next 30 to 45 days. 

MTY Food Group buying Wetzel s Pretzels for $284 million in cash

MONTREAL MTY Food Group Inc. has signed an agreement to buy the company that owns the Wetzel's Pretzels chain for $284 million in cash. MTY chief executive Eric Lefebvre says the deal adds an iconic brand to MTY's U.S.

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