A subsidiary of Restaurant Brands International (RBI), Tim Hortons, has signed a master franchise and development agreement with BKR Co (BKR) to enter the South Korean market later this year.
BKR is one of the country’s foremost quick service restaurants (QSR). It already operates RBI’s Burger King brand in South Korea.
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Tim Hortons’ menu includes premium coffee, hot and cold speciality drinks, baked goods, hot breakfast sandwiches and snacks.
Tim Hortons currently operates 5,600 restaurants across 15 countries, including the US, Mexico, Spain, Middle East, China, India, Thailand, the UK and the Philippines.
RBI International president David Shear said: “South Korea is one of the world’s largest and fastest growing coffee markets.
“We are proud to have such an experienced partner in BKR. We are excited about meeting our South Korean guests and introducing them to the premium quality coffee and delicious foods that Tims fans around the world know and love.”
RBI is known for its coffee, doughnuts, sandwiches and wraps. It also owns brands such as Popeyes and Firehouse Subs.
Earlier this month, Tim Hortons expanded its Quenchers cold beverage platform with the addition of new fruity drinks.
The new beverage line-up includes Blackberry Yuzu and Orange Ginger, which are said to have been produced using a blend of fruity flavours and sparkling water.
It will also be rolling out its cold beverage line-up, which includes Oreo Double Stuf Iced Capp, OREO Strawberry Creamy Chill, Caramel Toffee Cold Brew, Tims Strawberry Frozen Lemonade and more.
