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
