Tim Hortons, Canada's largest restaurant chain, has signed a deal with Dubai-based Apparel Group to open up to 120 restaurants in the UAE and wider Gulf region, to expand outside North America.
The properties will be developed and operated by Apparel in the UAE, Qatar, Bahrain, Kuwait and Oman, Don Schroeder, CEO of Tim Hortons confirmed.
"There is an opportunity over the long term to explore international opportunities and seed the Tim Hortons’ brand in various markets outside of North America," Schroeder said.
The value of the deal was not disclosed.
The Ontario-based company, which has a few stores in Britain and at some military bases in the Middle East, had about 3,040 restaurants in Canada and 587 in the US, as of July 4.
Apparel Group, which operates brands like Tommy Hilfiger and Aeropostale, has over 500 stores in about fourteen countries.
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