Groupe Valentine Inc. Explained

Groupe Valentine Inc.
Type:Wholly owned subsidiary
Foundation: in Saint-Hyacinthe, Quebec, Canada
Founder:Jean-Pierre Robin
Location City:Saint-Hyacinthe, Quebec, Canada
Locations:95
Area Served:Quebec
Key People:Jean-Pierre Robin, President
Revenue:$29 million[1]
Industry:Restaurants
Products:Fast food
Parent:MTY Food Group
(2010–present)

Valentine is a Canadian chain of over 100 privately owned restaurant franchises operating in the province of Quebec, Canada. In September 2010 it became a subsidiary of MTY Food Group which purchased the brand rights for $9.3 million.[2]

History

The first restaurant opened in 1979 in Saint-Hyacinthe, Quebec. A few years later, its founder, Jean-Pierre Robin, opened a second restaurant in Saint-Hyacinthe in order to meet the demand for its "famous hot-dogs".The chain's success increased and reached a turning point: the brothers opted for franchising as the company's mode of functioning for its future restaurants. As time passed, more franchises were sold and restaurants open throughout Quebec.[3] During the 1990s, the chain underwent a major renewal plan in which the restaurants' design changed along with the company's colours.

The company's fare is typical Canadian fast food, such as burgers, fries, sandwiches and poutine.[4] [5] The company employs humour in its advertising.[6] It offers an app that records footsteps. After 10,000 steps, the user is eligible for a poutine.[7]

Notes and References

  1. Web site: MTY to Acquire 95-Unit Groupe Valentine . 2010-08-17.
  2. http://www.globalnews.ca/money/food+group+tightens+grip+quebec+with+groupe+valentine+purchase/3405509/story.html MTY Food Group tightens grip on Quebec with Groupe Valentine purchase August 16, 2010
  3. Web site: Notre histoire | Valentine.ca | . https://web.archive.org/web/20121027000300/http://valentine.ca/decouvrez-valentine/notre-histoire/ . dead . 2012-10-27 . 2017-11-15 .
  4. Web site: Van Praet, Nicolas . MTY adds to Quebec fast-food holdings . . August 17, 2010 . November 16, 2017.
  5. Web site: Menu | Hot dogs . Valentine.ca . 2017-11-15.
  6. News: Sausages "raised freely" at Valentine's. 6 November 2017. Infopresse. March 30, 2017. French.
  7. News: HALLÉ. Shanny. Walk 10,000 steps for a poutine!. 6 November 2017. Le Journal de Québec. March 10, 2017. French.