Firehouse Subs, the Jacksonville-based restaurant chain founded by Jacksonville firefighters more than 25 years ago, is set to be acquired by Restaurant Brands International Inc. in a $1 billion deal.
Restaurant Brands International, which also owns Burger King, Popeyes and Tim Hortons, announced the plan to buy Firehouse Subs Monday morning.
“Firehouse Subs is a special brand with a talented team, impressive culture and community focus that resonates with guests and closely aligns with our core values at RBI," said José Cil, Chief Executive Officer of RBI. "We see tremendous potential to accelerate U.S. and international growth at Firehouse Subs with RBI’s development expertise, global franchisee network and digital capabilities."
Read the rest of the story from WJCT News partner The Florida Times-Union.
