MTY Food Group Inc.

09:51 AM EST - MTY Food Group Inc. : Announced today that one of its wholly-owned subsidiaries has signed an agreement to acquire the assets of Küto Comptoir à Tartares, a rapidly growing tartare restaurant chain. The Küto network currently has 31 restaurants in operation, all franchised and all in the province of Quebec. Thirteen of these locations have opened in the past 12 months. On an annualized basis, the network's system sales is between $20 million and $25 million. MTY Food Group Inc. shares T.MTY are trading down $0.09 at $64.25.

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