NPC International, Inc. Announces Acquisition of 140 Wendy’s Units from The Wendy’s Company

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OVERLAND PARK, Kan.–(BUSINESS WIRE)–NPC announced that it has acquired 140 Wendy’s restaurants, previously operated by DavCo Restaurants, LLC, from a subsidiary of The Wendy’s Company. As part of the transaction, NPC has agreed to remodel 90 acquired restaurants in the Image Activation format by the end of 2021 and build 15 new Wendy’s restaurants by the end of 2022. This acquisition was funded solely with cash proceeds from the company’s recent refinancing. The restaurants are owned and oper

June 01, 2017 at 07:04PM

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