SHARE

RBI and Cartesian Capital to inject $50m into Tim Hortons in China

Restaurant Brands International and New York-based private equity firm Cartesian Capital have announced its investment of up to $50m into their Tims China joint venture. Tims China has reached more than 900 outlets in the first quarter of 2024.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.