Papa John’s China LLC has sold its ownership of all 34 locations in Beijing and Tianjin to Asia Gourmet Holdings (Shanghai) CO., LTD., according to a press release released today by the company.
Tim O’Hern, President, International, Papa John’s, said in the release, "Asia Gourmet Holdings (Shanghai) is an experienced and successful operator with significant interests in the restaurant industry in China. The new franchisee shares our commitment to quality and will represent our BETTER INGREDIENTS. BETTER PIZZA. brand promise well moving forward in the region."