Baskin-Robbins Resumes Control of Canada Stores
- Share via
Baskin-Robbins International, the Glendale-based ice cream store chain, said Monday that it repurchased operating control of its nearly 200 Canadian outlets from Silcorp Ltd., its sole area franchiser in Canada.
Terms of the deal were not disclosed.
As an area franchiser, Silcorp in effect oversaw operations of the various franchisees that individually still own Baskin-Robbins’ Canadian stores. Silcorp, based in Toronto, had been the company’s Canadian franchiser since 1971, but sold the operation because it is undergoing a bankruptcy reorganization.
The sale “enhances the chain’s stability,” Judy Ashton, vice president of operations for Baskin-Robbins International-Canada, said in a statement.
Baskin-Robbins, itself a unit of Allied-Lyons PLC of Britain, includes a total of about 3,500 stores worldwide.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.