Everything You Don't Know About Tim Hortons if You Live South of the Border
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Burger King announced Monday that it was in talks to buy Canadian coffee chain Tim Hortons.
The move is certainly a curious one, leaving some to wonder why the talks are happening in the first place. The combined company, according to the companies’ statement, would be headquartered in Canada, suggesting that part of the benefit would be the lower tax rate north of the border. Some observers suspect that the chains might offer some cobranded items, given both have breakfast offerings, although Burger King currently has a coffee deal with Seattle’s Best. Other analysts were skeptical that the joint company could cross-market its brands successfully, given failed cobranding efforts of the past. But plenty of Americans, at least, might mostly have wondered just what Tim Hortons is.
The first thing to know is that it’s one of the largest chains in Canada, with 3,400-plus stores. According to Euromonitor International, Tim Hortons accounts for more than 25% of all foodservice transactions in Canada. Here are a few more facts about the chain:
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