---
title: "Tim Hortons Seals 1,500 unit China Deal"
url: https://burnaze.com/article/54ed2751-b2c1-4dea-982a-764812ec79c1
source: "Global Franchise"
original_url: https://www.global-franchise.com/news/tim-hortons-seals-1500-unit-china-deal
author: "Global Franchise Team"
category: "Coffee & tea"
industry: "Restaurants"
segment: "Coffee & tea"
published: 2018-07-11T15:58:00.000Z
modified: 2026-11-01T22:32:58.651Z
image: https://images.unsplash.com/photo-1555396273-367ea4eb4db5?w=1600&q=80&auto=format&fit=crop
---

# Tim Hortons Seals 1,500 unit China Deal

**TL;DR:** Tim Hortons has signed an agreement with Cartesian Capital Group to develop 1,500 outlets in China over the next ten years. The chain currently operates more than 4,700 restaurants worldwide.

*By Global Franchise Team, originally published in Global Franchise on 2018-07-11. [Read the original](https://www.global-franchise.com/news/tim-hortons-seals-1500-unit-china-deal).*

## Story

1,500 Tim Hortons outlets are set to be developed in China, following the signing of an agreement with private equity firm Cartesian Capital Group. The locations will be opened over the next ten years.

Tim Hortons president Alex Macedo said, “China’s population and vibrant economy represent an excellent growth opportunity for Tim Hortons in the coming years. We have already seen Canada’s Chinese community embrace Tim Hortons and we now have the opportunity to bring the best of our Canadian brand to China with established partners who have expertise in the industry and the country.”

The chain operates more than 4,700 restaurants in Canada, the United States and around the world.

## Entities

- Restaurants (sector)
- unit expansion (topic)
- Global Franchise (publication)
- international expansion (topic)
- private equity (topic)
- James Fell (person)
- China (location)
- master franchise (topic)
- Tim Hortons (company)

---
Originally reported by Global Franchise Team, Global Franchise (https://www.global-franchise.com/news/tim-hortons-seals-1500-unit-china-deal). Summarized by Burnaze (https://burnaze.com/article/54ed2751-b2c1-4dea-982a-764812ec79c1).