Firehouse Subs sold to company that owns Popeyes and Burger King for $1 billion

DUVAL COUNTY, Fla. — Jacksonville-based restaurant Firehouse Subs will now join the company that owns well known fast-food restaurants like Popeyes, Burger King and Tim Hortons.

Restaurant Brands International Inc. announced Monday it has come to an agreement with Firehouse Subs to buy the sandwich restaurant for $1 billion in cash.

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The restaurant, known for its hot subs and commitment to public service, was founded in 1994 by brothers and former firefighters Chris Sorensen and Robin Sorensen.

Don Fox, the CEO of Firehouse Subs, released the following statement:

“At Firehouse Subs we are united in our commitment to and passion for hearty and flavorful food, heartfelt service, and public safety. Joining the RBI family of brands provides an energizing opportunity to assist more communities, not only across America and Canada, but around the globe. The donations we generate for our Foundation through our restaurants means changing and saving lives, so we can’t wait to accelerate our journey at home and around the world.”

The transaction is expected to close in the coming months.

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