F&B CONNECT

Tim Hortons UK & Ireland, which currently operates 69 outlets of the Canadian quick-service restaurant brand across the UK, has secured an extension to its master franchise development agreement through to 2045.

 

The agreement has been reached between the UK and Ireland master franchisee and an affiliate of Restaurant Brands International (RBI), the global owner of the Tim Hortons brand. As part of the deal, Tim Hortons UK & Ireland has issued £26.7 million in equity to support the business and strengthen the foundations for the brand’s future expansion across both markets.

 

The renewed agreement follows strong trading performance in 2025, with system sales reaching £105 million in 2025, up from £99 million in 2024. Like-for-like sales in the continuing business grew by 9% during the same period, and the group reported a strong performance over the Christmas period, with like-for-like sales increasing by 10% year-on-year.

 

Deepinder Batth, CEO of Tim Hortons UK&I, said, “In 2024 and 2025, we conducted extensive analysis to refine our core brand positioning, identify market gaps, and establish our competitive advantage in the UK coffee shop segment.” He added, “This agreement marks a significant milestone as we work to expand the Tim Hortons brand in the UK market. Both shareholders are deeply committed and aligned on the brand’s long-term potential.”

 

“This partnership reflects our shared vision with RBI as we collaborate to achieve success in the UK and Ireland. With the momentum gained in 2025, this investment will help us implement our ambitious growth plans.”

 

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The Scotsman