Tim Hortons Inc. is an international chain of coffee shops and restaurants based in Toronto, Canada. It sells coffee, donuts, sandwiches, breakfast egg muffins, and other fast foods.
The company was started in 1964 in Hamilton, Ontario, by ice hockey players Tim Horton (1930-1974) and Jim Charade (1934-2009) as hamburger restaurants.
In 1967, Horton joined hands with an investor, Ron Joyce, who took over when Horton died in 1974. Joyce developed the chain into a multi-billion dollar franchise. Charade was the last of the original six members to leave the organization in 1966 and then rejoined the organization for a couple of years in 1970 and then from 1993 to 1996.
On August 26, 2014, Burger King committed to acquiring Tim Hortons for US$11.4 billion. On December 15, 2014, the two companies became the direct subdivisions of Restaurant Brands International, which is based in Toronto, Canada.
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