Jersey Mike’s strikes European expansion deal led by founder Peter Cancro

Jersey Mike’s Subs is taking its signature sandwiches overseas with its first European expansion set for this year, the company said Monday.

Leading the push is the brand’s founder and board chair, Peter Cancro, via his company, JM Submarines UK LTD.

The deal between Jersey Mike’s and Cancro’s entity calls for 400 stores to be opened in the U.K. and Ireland, and it will be the first in a series of plans for future international growth. The privately owned Jersey Mike’s was acquired for a reported $8 billion by Blackstone in late 2024.

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