By 1967, after opening two additional stores, Joyce and Horton became full partners. In 1965, Joyce took over the fledgling Tim Horton Donut Shop at 65 Ottawa St N. Soon after Horton opened the store, he met Ron Joyce, a former police constable in Hamilton. The name was later abbreviated to "Tim Horton's" and then changed to "Tim Hortons" without the possessive apostrophe. The chain's first doughnut store opened on in Hamilton, Ontario under the name Tim Horton Donuts. The first Tim Horton restaurant was located in North Bay, Ontario and sold hamburgers.
The business was founded by Tim Horton, who played in the National Hockey League, from 1949 until his death in an auto crash in 1974. Photo is of the original building before it was renovated in 2014. History 1964–1989: Tim Horton and Ron Joyce Photo of first Tim Hortons doughnut store in Hamilton, Ontario. The two chains became subsidiaries of Toronto-based holding company Restaurant Brands International, which is majority-owned by Brazilian investment firm 3G Capital, on December 15, 2014.
On August 26, 2014, Burger King agreed to merge with Tim Hortons for US$11.4 billion. Charade left the organization in 1966 and briefly returned in 19 through 1996. Joyce expanded the chain into a multi-billion dollar franchise. In 1967, Horton partnered with investor Ron Joyce, who assumed control over operations after Horton died in 1974. The company was founded in 1964 in Hamilton, Ontario by Canadian hockey player Tim Horton (1930–1974) and Jim Charade (1934–2009), after an initial venture in hamburger restaurants. It is Canada's largest quick-service restaurant chain, with 5,352 restaurants in 15 countries, as of June 30, 2022. Based in Toronto, Tim Hortons serves coffee, doughnuts, sandwiches, and other fast-food items. Tim Hortons Inc., commonly nicknamed Tim's, Timmie Horton’s or Timmie's, is a Canadian multinational coffeehouse and restaurant chain. Restaurant Brands International (2014–present)
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