Tim Hortons to expand into Thailand
Tim Hortons has signed a master franchise and development agreement with local operator WeEat Co to bring the brand to Thailand.
“We are very excited to grow the Tim’s brand in Thailand as part of our broader global growth strategy,” said the brand’s president Alexandre Macedo. “Thailand has a thriving coffee market, and our partner has a deep understanding of the Thai market, which we believe will position us well for success in the country.”
The company recently announced plans to open more than 1500 locations in the Chinese market in cooperation with Cartesian Capital Group. The venues are expected to be launched over the next 10 years. The brand has also recently been rolled out in Spain, Mexico, Great Britain and the Philippines.