LOUISVILLE, KY. — Papa John’s International Inc. has acquired restaurants previously operated by the M25 division of Drake Food Service International based in the United Kingdom.
The acquisition will provide Papa John’s International with 91 corporate-owned restaurant locations across London and other parts of the United Kingdom.
With the acquisition, Drake Food Service International will continue to hold its master franchise rights for Papa John’s in Spain, Portugal, Chile and Central America.
“The investments we are making today, combined with our global resources and in-house expertise, will enable Papa John’s to drive higher sales going forward,” said Rob Payne, managing director of Papa John’s in the UK. “Establishing a corporate-owned restaurant portfolio is one of many steps we are taking to reposition our UK portfolio in a way that ensures our franchisees and this market drive above average industry growth over the long term.”