The toilet paper roll is a staple of American households and the company is already getting a lot of attention for its deal with Papa John’s.
In addition to the deal, Paddy Joe’s is the latest restaurant chain to buy up toilet paper brands.
Papa John’s has already bought a large stake in toilet paper company Procter & Gamble.
A recent article in The Wall Street Journal said Paddy Johns’ deal with the fast-food giant is likely to see its share price climb in the coming months.
With the deal being made, Paddies is now the third biggest toilet paper maker in the United States, behind only Kraft and PepsiCo.
Paddy Johns is the largest toilet paper retailer in the U.S., according to Nielsen data, with about 80 percent of its sales coming from the U,K.
Paddies revenue is projected to grow by 20 percent this year, the company said in a statement.
According to PaddyJohns, the acquisition will also increase its global footprint, with the acquisition expanding its reach to over 500 stores in more than 60 countries, the Wall Street Times reported.
The deal also includes Paddy johns, a division of Papa John Schnatter, the family-owned pizza chain that also owns the Philadelphia Eagles football team.
