Cold Stone Creamery Owner Explores Potential Sale, Other Options

The owner of US and Canadian restaurant chains such as Cold Stone Creamery, Wetzel’s Pretzels and Mr. Sub said it’s undergoing a strategic review and may sell itself.

MTY Food Group Inc. is engaging with a financial adviser to “identify, review and evaluate potential strategic alternatives with a view toward continuing to enhance shareholder value,” according to a statement Monday. Options include selling of all or part of the company, as well as executing its current business plan, the company said.