Snowbank Brands Inc. has acquired master franchise rights for OAKBERRY to expand its healthy açai-based offerings across Western Canada.
Information on the Target
Snowbank Brands Inc. has recently acquired the master franchise rights for OAKBERRY from OAKBERRY USA LLC to expand the OAKBERRY brand throughout Western Canada. OAKBERRY specializes in quick-service food offerings, particularly açai-based bowls and smoothies, which are sold in conveniently located stores and kiosks.
According to Carter Friesen, CEO of Snowbank, the appeal of the OAKBERRY brand stems from its product simplicity, taste, and health benefits associated with açai. With OAKBERRY being a globally recognized brand, Friesen believes it is well-positioned for success in the Western Canadian market.
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Industry Overview in Canada
The quick-service restaurant (QSR) industry in Canada has seen substantial growth over the last few years, particularly in health-focused segments. Canadian consumers are
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Snowbank Brands Inc.
invested in
OAKBERRY USA LLC
in 2023
in a Strategic Partnership deal