LOUISVILLE, Ky.--(BUSINESS WIRE)--
Papa
John's International, Inc. (NASDAQ:PZZA), continues its expansion in
Colombia with the signing of a restaurant development agreement.
According to the International Trade Administration, the food and
beverage sector holds the best growth opportunities in Colombia.
Grupo Nutresa, which purchased PJ Col S.A.S. in 2015 (PJ Col), recently
entered into a development agreement to open an additional 28 units
during a period of eight years in Medellin, Cartagena and Barranquilla.
PJ Col currently operates 29 Papa John's restaurants throughout
Colombia. Each Papa John's new store opening represents approximately 15
to 20 direct new jobs in Colombia.
"Our investment in Papa John's has exceeded our expectations and we are
continuing our momentum by planning for additional units in our
country," said Felipe Baquero, Managing Director of PJ Col. "More units
means more jobs in the local communities."
"PJ Col has done a great job of growing the Papa John's Brand in
Colombia and we are excited about the plans for future expansion," said
Tim O'Hern, Senior Vice President & Chief Development Officer. "We look
forward to working with PJ Col as we expand the brand into new cities in
Colombia."
Papa John's International is currently looking for potential franchisees
in Brazil, the Caribbean and Honduras.
About Papa John's
Headquartered in Louisville, Kentucky, Papa John's International,
Inc. (NASDAQ:PZZA) is the world's third-largest pizza delivery company.
For 15 of the past 17 years, consumers have rated Papa John's No. 1 in
customer satisfaction among all national pizza chains in the American
Customer Satisfaction Index (ACSI). Papa John's is the Official Pizza
Sponsor of the National Football League and the Official Pizza of Major
League Baseball. For more information about the company or to order
pizza online, visit Papa John's at www.papajohns.com.
Also visit us on Facebook at www.facebook.com/PapaJohns,
Twitter at http://twitter.com/PapaJohns,
YouTube at www.youtube.com/user/papajohns,
Instagram at instagram.com/papajohns,
Pinterest at www.pinterest.com/papajohnspizza,
and Vine at vine.co/papajohns.
Looking to be a part of something Better? Learn more about franchising
with Papa John's at www.papajohns.com/franchise.
About Grupo Nutresa
Grupo Nutresa S. A. (NUTRESA:BVC) is the leader in processed foods in
Colombia (+61% market share) and one of the most relevant players in the
sector in Latin America, with consolidated sales of COP 7.945 billion in
8 business units: cold cuts, biscuits, chocolates, Tresmontes Lucchetti
(TMLUC), coffee, retail food, ice cream and pasta. Grupo Nutresa is a
diversified organization in terms of geography, products and supplies,
with a direct presence in 14 countries and international sales amounting
to USD 1.098 million in 72 countries. Grupo Nutresa was included for the
sixth consecutive year in the Dow Jones Sustainability World Index
(DJSI) 2016, which places us among the best companies in the food sector
in the world in terms of sustainability. Visit us at: www.gruponutresa.com/en/
and www.twitter.com/Grupo_Nutresa.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161206005045/en/
Media:
Papa John's International, Inc.
Peter Collins,
(502) 261-4233
Senior Director, Public Relations
peter_collins@papajohns.com
Source: Papa John's International
News Provided by Acquire Media
