Who owns Wetzel's Pretzels?
Wetzel's Pretzels is owned by MTY Group (Canada, TSX: MTY), which has owned the brand since 2022.[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: MTY Food Group Inc. Management's Discussion and Analysis for the 13 and 26-week periods ended May 31, 2026. Last checked .
Key facts
- Current owner
- MTY Food Group Inc. reported
- Owned since
- Owner HQ
- 🇨🇦 Canada, Saint-Laurent, Québec
- Origin
- 🇺🇸 United States
- Category
- Restaurants & foodservice › Quick-service restaurants › Burger & chicken chains
- Parent ticker
- TSX: MTY
- Last verified
- · 1 sources
About Wetzel's Pretzels
Wetzel's Pretzels is an American pretzel chain found in shopping malls, at street locations and in a growing fleet of mobile units. MTY acquired it in December 2022, when it had 328 franchised and 38 company-run locations, and it has since become the third-largest banner in the group by sales. MTY's 2025 annual report called its year exceptional and said the chain was about to open its five-hundredth location, which the company took as proof of the case for buying it.
Ownership timeline of Wetzel's Pretzels
Where Wetzel's Pretzels sits in MTY Group
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full MTY Group ownership tree →
See the full MTY Group brand portfolio (8) →
Other brands owned by MTY Group
MTY Group controls 8 brands on Brandtree, 8 of them in restaurants & foodservice.
Also in restaurants & foodservice
Other brands in burger & chicken chains, and who owns them
The 37 brands in burger & chicken chains on Brandtree belong to 22 owners. The largest is Jollibee Group, with 5; MTY Group has 2.
| Brand | Owner | Owner based in |
|---|---|---|
| Chowking | Jollibee Group | 🇵🇭 Philippines |
| Arby's | Inspire Brands | 🇺🇸 United States |
| KFC | Yum! Brands | 🇺🇸 United States |
| Chester's | CP Foods | 🇹🇭 Thailand |
| Burger King | Restaurant Brands International | 🇨🇦 Canada |
| Wimpy (Middle East) | Americana Restaurants | 🇦🇪 United Arab Emirates |
| Steak n Shake | Biglari Holdings | 🇺🇸 United States |
| Choppies Fried Chicken | Choppies | 🇧🇼 Botswana |
About the owner: MTY Group
MTY Group is a publicly listed company headquartered in Saint-Laurent, Québec, Canada. Brandtree records 8 brands under its control, and it is listed as TSX: MTY.
MTY Food Group is a Montreal franchisor of quick-service, fast-casual and casual dining restaurants, with 7,040 locations at 31 May 2026 under more than eighty banners, almost all of them run by franchisees. It grew by acquisition: the American group Kahala Brands in 2016, Papa Murphy's in 2019, and BBQ Holdings and Wetzel's Pretzels in 2022. Cold Stone Creamery and Papa Murphy's are the only two banners that each account for more than a tenth of sales across its network. In November 2025 its board confirmed a strategic review that could include a sale of all or part of the company.
🇺🇸 Wetzel's Pretzels and other American brands
Brandtree records a controlling owner for 2,399 brands that began in the United States. 461 of them (19%) are now controlled by a company headquartered in another country, Wetzel's Pretzels among them.
- Applebee's — Dine Brands 🇺🇸
- Arby's — Inspire Brands 🇺🇸
- Bonefish Grill — Bloomin' Brands 🇺🇸
- Burger King — Restaurant Brands International 🇨🇦
- Caribou Coffee — Panera Brands 🇺🇸
- Cheddar's Scratch Kitchen — Darden 🇺🇸
Frequently asked questions
Who is the parent company of Wetzel's Pretzels?
The parent company of Wetzel's Pretzels is MTY Group, a publicly listed company headquartered in Canada.
Is Wetzel's Pretzels American or Canadian?
Wetzel's Pretzels originated in the United States, but it is owned today by MTY Group, which is headquartered in Canada. So Wetzel's Pretzels is an American-origin brand under Canadian ownership.
Since when has MTY Group owned Wetzel's Pretzels?
MTY Group has owned Wetzel's Pretzels since 2022.
Is Wetzel's Pretzels still owned by MTY Group?
Yes. As of 2 October 2026, Wetzel's Pretzels is still owned by MTY Group. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] MTY Food Group Inc. Management's Discussion and Analysis for the 13 and 26-week periods ended May 31, 2026 — MTY Food Group Inc., Annual report; retrieved 2 October 2026.
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