Restaurant Brands, Cartesian Capital to invest $50m in Tims China to fuel its coffee shop growth

Restaurant Brands, Cartesian Capital to invest $50m in Tims China to fuel its coffee shop growth

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Restaurant Brands International (RBI) and US private equity (PE) firm Cartesian Capital Group have agreed to invest up to $50 million in their Tims China joint venture (JV) to support its growth in China as competition heats up in the world’s biggest branded coffee shop market.

Edited by: Padma Priya