A woman works behind the counter at a Montreal location of Sushiman, a Japanese restaurant chain within MTY Food Group Inc.
The chief executive of MTY Food Group Inc. MTY-T says his company has the appetite for acquisitions but hasn’t seen anything it feels compelled to gobble up lately.
“There’s been a lot of corporate store networks that were not necessarily interesting for us. There’s been a lot of fixer uppers, a lot of chapter 11 situations,” Eric Lefebvre told analysts on a Friday call.
Despite the lack of deals enticing him, he senses the market is improving from where it was a year ago, and when it shifts in his company’s favour, it will be ready.
“It’s just a matter of us to be at the table for those right deals when they come in and to be able to make them cross the finish