Papa John’s India franchisee buys Pizza Corner
26 Nov 2014 11:19 PM GMT
Om Pizza & Eats Pvt Ltd, the Indian franchisee of Papa John’s International, on Tuesday acquired local rival Pizza Corner for an undisclosed sum.
Atulya Mittal, a nephew of steel tycoon Lakshmi Mittal, is the promoter of Om Pizza & Eats Pvt Ltd. ‘Papa John’s announced that they have entered into an agreement for the merger of Pizza Corner stores in South India. Papa John’s will convert the existing Pizza Corner stores to Papa John’s branded restaurants through Q1 2015,’ the company said. Pizza Corner brand will cease to exist and all its stores will be re-branded as Papa John’s.
Atulya Mittal, a nephew of steel tycoon Lakshmi Mittal, is the promoter of Om Pizza & Eats Pvt Ltd. ‘Papa John’s announced that they have entered into an agreement for the merger of Pizza Corner stores in South India. Papa John’s will convert the existing Pizza Corner stores to Papa John’s branded restaurants through Q1 2015,’ the company said. Pizza Corner brand will cease to exist and all its stores will be re-branded as Papa John’s.
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