User:BogdanEquitas/sandbox

Company overview
It all started when 3 friends Peter, Jacques, and Lawrence, with a passion for the restaurant industry launched their first concept, La Belle et La Boeuf in 2012. Foodtastic is a restaurant franchisor that was born in 2016 when the team decided to become a multi-brand restaurant company. Foodtastic is funded by Restaurant Royalty Partners. Location: 9245 Rue Thimens, Pierrefonds, QC H8Y 0A1, Canada. The company's restaurants offer various styles of cuisine and drinks in an entertaining atmosphere including burgers, pizzas, salads, desserts and beverages to its customers. With this team of young and dynamic professionals, Foodtastic is and will continue to be the first choice among franchisees. With more than 600 restaurants across 21 brands and $600 million in annualized sales, Foodtastic is a major player in the Canadian food and beverage space. Its concepts include Second Cup, Au Coq, La Belle et La Boeuf, Monza, Copper Branch, Carlos & Pepe’s, Souvlaki Bar, Nickels, Rotisseries Benny, Chocolate, Big Rig, Bacaro, Milestones, Pita Pit, Gatto Matto and associates themselves with Bacaro and Le Blossom. The privately-owned Foodtastic has a major equity partner in Oaktree Capital Management, a global investment firm backed by Brookfield Asset Management, which has more than $600 billion in assets. On February 24th 2021, Foodtastic announced that it has secured a $50 million investment from Restaurant Royalty Partners ("RRP"), a joint venture between funds managed by Oaktree Capital Management, L.P. ("Oaktree"), majority-owned by Brookfield Asset Management Inc., and JHR Capital LLC ("JHR Capital"). This capital is in addition to the $47 million RRP committed to Foodtastic in 2018.

Sustainability
Pita Pit and Second Cup are the only brands on Foodtastic's portfolio that are committed to go cage-free in the USA and Canada. Pita Pit has pledged that its chicken producers will meet the animal welfare standards outlined by the Global Animal Partnership, an international farmed animal welfare certification program, by 2024. For chickens, these standards include: transitioning to using breeds determined to have better welfare outcomes; providing more space by reducing maximum stocking density; enhancing living environments including litter quality, lighting, and enrichments; and utilizing a multi-step controlled atmosphere stunning system.

Another way that Pita Pit Canada is committed to improving the welfare of their chickens was by switching to 100% cage-free eggs in restaurants in 2019. Pita Pit USA currently uses a cage-free egg patty. As of March 31, 2021, Pita Pit USA has sourced cage-free eggs for its restaurants. To accomplish a complete Animal Welfare & Humane Treatment Policy, Pita Pit Canada has committed to sourcing only pork from producers that do not employ the use of gestation stalls and beef from enriched pasture environments on animal-centric Canadian farms. They will work with their suppliers toward achieving GAP animal welfare standards for all non-vegetable proteins by 2030. However, these commitments cover only the USA and Canada, leaving customers in other regions where Pita Pit operates unattended, with no other option than to consume caged eggs.

Second Cup Café is a Canadian restaurant chain, coffee retailer, and roaster which operates more than 300 cafes nationwide. They have committed to and are working with their suppliers to help ensure that by 2020  the products they sell in their cafes are made with 100% cage-free eggs. Also, they are committed to animal welfare and to ensuring that their suppliers’ policies and practices align with their values.