Montreal-based restaurant franchisor, Foodtastic has just announced the acquisition of Kinton Ramen, a Japanese ramen brand founded in Canada with locations across Canada and in the United States. “We have been looking to add a strong Asian concept to our portfolio for some time, and Kinton Ramen is exactly the kind of brand we wanted to bring into Foodtastic,” said Peter Mammas, Founder, CEO of Foodtastic. The acquisition brings an established Asian dining concept into Foodtastic’s portfolio and aligns with the company’s strategy to invest in restaurant brands with clear characteristics and development potential. Founded in Toronto in 2012, Kinton Ramen offers Japanese ramen with a menu designed for dine-in, takeout, and delivery. The brand operates 58 locations in Ontario, British Columbia, Quebec, Alberta and Manitoba and in New York state. “Kinton Ramen has always been about delivering a memorable and authentic ramen experience to guests, one bowl at a time,” said James Kim, founder of Kinton Ramen. “Foodtastic understands the strength of the brand and the significance of preserving what guests and franchisees already know and value. We are looking forward to working with the Foodtastic team as Kinton enters its next phase of growth.” Following the acquisition, Foodtastic will focus on expanding Kinton Ramen in Canada and will use its operating infrastructure to support the brand.
Kinton Ramen, 294 College St., 2nd Floor, Toronto, Ontario M5T 1R9 (647/348-8788 www.kintonramen.com)
Foodtastic Inc., 9300 TransCanada Hwy, St Laurent, Quebec H4S 1K5 (514/856-5555 www.foodtastic.ca)