News

Tim Hortons to expand in Central Ohio

Restaurant Brands International Inc and Ampex Brands of Columbus and Dayton have announced an agreement to grow the Tim Hortons brand in Central Ohio.

January 8, 2016

Restaurant Brands International Inc  and Ampex Brands of Columbus and Dayton (ABCD) have announced an agreement to grow the Tim Hortons brand in Central Ohio. The agreement, which makes Ampex one of the largest restaurant owners in the Tim Hortons system, includes acquiring existing Tim Hortons restaurants in the area along with development commitments over the next six years, according to a company press release.

"Ampex, with a proven track record of growing a variety of QSR brands and a commitment to operational excellence, is the perfect partner to provide further growth opportunities for Tim Hortons while continuing to provide our Guests with the top quality products and great service they have come to expect," said Elías Díaz Sesé, president of Tim Hortons. "We're excited to continue our expansion in the U.S. — a market which truly represents a great opportunity to strengthen the Tim Hortons brand."

"After looking at several QSR brands, we decided that Tim Hortons' great food, high-class employees, Guest-driven focus, focus on operational excellence and vision for growth make it the most compelling opportunity in the industry," said Tabbassum Mumtaz, CEO and president of Ampex Brands. "We are excited to be a part of the Tim Hortons family and to accelerate the Brand's growth in the Columbus, Dayton and Zanesville markets. We firmly believe Tim Hortons can be the fastest growing QSR brand in the United States for the foreseeable future."

Joining Ampex Brands in the operation and growth of the Tim Hortons restaurants in Columbus is Mike Forbes, who has been a Tim Hortons restaurant owner, along with his wife, Trina, since 1999, the release stated.

This agreement is the most recent by RBI in its plans to grow Tim Hortons in the U.S. In October 2015, RBI announced the establishment of an Area Representative and Developer Agreement for the Cincinnati area with Seven Invest.

"These agreements are the right model to help bring to life our vision of delivering a great Guest experience while building and strengthening the Tim Hortons brand in the U.S.," said Daniel Schwartz, CEO of RBI. "We look forward to expanding our presence in these, and additional communities, with our new and future partners."

Tim Hortons opened its first restaurant in the U.S. in 1984 and its first restaurant in Ohio in 1996. Today, the brand maintains a base of restaurants across Canada, the U.S. and the Gulf Cooperation Council.