Papa John's International Acquires Drake Food Service International's Restaurants in the United Kingdom
Papa John's International establishes Company restaurant footprint as part of ongoing plan to transform and optimize the U.K. market for the brand
Papa John's International, Inc. (NASDAQ:PZZA) ("Papa Johns" or "Company") today announced the acquisition of restaurants previously operated by the M25 division of Drake Food Service International (DFSI) in the United Kingdom. The transition of restaurants will establish a portfolio of Company-owned restaurants in the market. Financial terms of the transaction were not disclosed.
"The U.K. is important within our international footprint with the largest number of stores outside of North America, strong brand awareness with consumers and poten