Foodtastic Inc. acquires Pita Pit Canada and Pita Pit International.
Pita Pit operates 225 restaurants in Canada, including franchises located in select gas stations, and an additional 135 internationally.
"Pita Pit is one of the largest QSR (Quick Service Restaurant) brands in the country, and we are happy to welcome it into the Foodtastic Family," Peter Mammas, president and CEO of Foodtastic, said in a release. "We look forward to working with all our new franchisees and growing the brand both in Canada and Internationally."
"We are extraordinarily proud of our franchise partners, front-line team workers and our corporate team and what they have achieved over the past 26 years. We are excited for the future of the brand in the extremely capable hands of the Foodtastic group and their excellent leadership" said Chris Fountain CEO of Pita Pit.
Foodtastic looks to aggressively grow the brand in Canada, as well as Internationally, with more than 50 new locations expected to open in the next 36 months.