Papa John's (PZZA), Avan Projects and Global Franchise Architects or GFA announced the acquisition of Pizza Corner stores in South India. Papa John's will convert the existing Pizza Corner stores to Papa John's branded restaurants through the first quarter of 2015.
According to Papa John's, the announcement reinforces its commitment to expand its presence in India, specifically in Bangalore, Chennai and Hyderabad.
Pizza Corner, part of the GFA brands, is the third largest pizza chain in Southern India. The city of Chennai is the most successful market for the Pizza Corner chain. Papa John's plans to replicate this success in all three major South Indian cities.
Papa John's currently has fifteen operating restaurants across India through its Master Franchisee for the region, Om Pizza and Eats. Through this merger, Papa John's will significantly expand its presence by a minimum of 40 stores with conversions beginning in late 2014 and continuing into 2015.
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