Papa Murphy’s Pizza is ‘not looking to change’ after its deal with Coca-Cola
The company has struck a new deal with the Coca-Cola company to bring its pizza to the UK and Australia in the coming months.
Papa Murphy was a pioneer in the pizza industry when it first opened its doors in the early 1960s and is now one of the world’s largest pizza chains.
The deal comes just two weeks after Papa Murphy announced it would be opening its first UK restaurant.
It is believed the deal will see the brand move into the new McDonald’s location at the new Pizza Hut store in Covent Garden.
“The partnership between Papa Murphy and Coca-cola is a great example of how brands can partner with businesses across the industry, and our partnership with Coca Cola demonstrates how brands are looking to partner with a wide range of businesses across multiple industries,” said Matt Wood, senior vice president of Papa Murphy Pizza.
“As a result of our collaboration with Coca, we will be able to deliver fresh and delicious pizza to customers across the UK, Australia and New Zealand and also have a dedicated pizza delivery service in New Zealand.”
Coca-Cola has also said it is looking to invest in the UK as it expands its Pizza Hut stores.
In October, Papa Murphy reported a net loss of $1.7 billion in its second-quarter earnings, down from a $2.7-billion loss in the previous quarter.
Shares in Papa Murphy, which has about 1.6 million UK customers, were up 6 per cent at $11.11 in early trading on Friday.