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Carrols Restaurant Group completes acquisition of 30 N.C. Burger King locations

SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST) on Thursday announced it has completed its acquisition of 30 Burger King restaurants in eastern North Carolina for about $20 million in cash.

Carrols, which is headquartered at 968 James St. in Syracuse, announced the acquisition in a news release distributed on Sept. 18.

The deal continues a recent buying spree by the largest Burger King franchisee in the world.

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Carrols has purchased 59 restaurants in 2014 and now operates a total of 611 Burger King restaurants in 13 states, including 164 restaurants in North Carolina.

It has operated Burger King restaurants since 1976.

Contact Reinhardt at ereinhardt@cnybj.com

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