In today’s very (very) important rotisserie chicken news, the owner of Swiss Chalet, Cara Operations Ltd., announced that they will be purchasing St. Hubert for $537-million.
The Canadian restaurant chains are both known for their rotisserie chicken and specialty gravy with St. Hubert dominating french-speaking Canada, and Swiss Chalet in Toronto and English-speaking provinces.
Cara will be acquiring St. Hubert’s 117 locations, two manufacturing plants and one distribution centre. According to the Huffington Post, Cara is Canada’s third-largest restaurant business following Restaurant Brands International (Tim Hortons and Burger King) and McDonald’s.
Chairman and CEO of St. Hubert, Jean-Pierre Leger thinks that the deal will open up employment opportunities in Canada:
“It (also) provides them with more career opportunities by creating jobs in Quebec, since it will enable us to carry out major expansions of our food manufacturing programs and sales throughout Canada.”
WHAT DOES IT ALL MEAN? Will St. Hubert be making a triumphant return to Toronto? We can only hope.
"We are going to have a lot of fun!" – JP Léger au président de Cara 🙂 #StHubert
— St-Hubert (@sthubert) March 31, 2016
(Photo courtesy of Swiss Chalet via Facebook)