Cold Stone Creamery

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Canadian firm buys Cold Stone Creamery parent company

A Canadian operator of 40 restaurant brands is expanding its U.S. presence by acquiring Scottsdale-based Kahala Brands, the parent company of Cold Stone Creamery and fast-food restaurants. The buyer is the MTY Food Group, based in Montreal, Quebec, which is a franchisor and operator of more than 2,700 restaurants mainly in Canada. The deal, announced

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