The chain’s UK restaurant owner appointed FTI Consulting as administrators on Monday, October 20, The Sun reported.
It is understood that the brand’s global owner Yum! Brands has saved 64 dine-in restaurants as part of a deal; however, 75 eateries, and 741 jobs, remain at risk because they weren’t part of the rescue deal.
READ MORE: Pizza Hut suddenly closed down iconic Glasgow venue
Meanwhile, Pizza Hut UK’s takeaway branches are unaffected by the collapose of the brand’s restaurant chain.
A spokesperson said: “Today (October 20) we announce the acquisition of the Pizza Hut dine-in operations through a pre-packaged administration, after FTI was announced today as administrators of DC London Pie Limited, a franchisee of Pizza Hut dine-in restaurants.
“We are pleased to secure the continuation of 64 sites to safeguard our guest experience and protect the associated jobs.”
“Approximately 2,259 team members will transfer to the new Yum! equity business, including above-restaurant leaders and support teams.”
Pizza Hut has several restaurants across Greater Glasgow, including one in Glasgow Fort and another in Braehead Shopping Centre.
