Happy Belly acquires 50% of Ghost Taco, expanding its fast-casual Mexican restaurant portfolio in Ontario.

Happy Belly Food Group has signed a binding agreement to acquire 50% of Ghost Taco, a fast-growing Ontario-based fast-casual Mexican-inspired restaurant chain, through a joint venture with an option to buy the remaining 50%. Ghost Taco operates six franchised locations across Ontario and is known for its unique "unauthentic Mexican" branding and loyal customer base. This acquisition marks Happy Belly's 11th restaurant brand and supports its strategy to grow emerging foodservice brands with strong growth potential. The joint venture will focus on expanding Ghost Taco's franchise footprint, leveraging Happy Belly's expertise in sales, marketing, and operations to drive growth across Canada.