A subsidiary of MTY Food Group Inc. will acquire Montreal, Canada-based Dagwoods Sandwiches et Salades for $3 million. Dagwoods operates 23 restaurants in Canada, the majority in Quebec and 1 in Ontario.
News of the deal follows two MTY Food Group acquisitions last week, when the company announced it would buy 80 percent of Houston Avenue Bar & Grill and Industria Pizzeria + Bar.
Spiro Krallis will continue in his role as president of Dagwoods for a three-month period. The chain announced Michel Lamontagne, brand vice president of MTY, will lead operations after the transition period.