Domino’s Pizza disposes of Switzerland business

LONDON, UK: Domino’s Pizza Group plc has reached agreement to sell the Group’s entire shareholding in Domino’s Pizza GmbH (Domino’s Switzerland) for a consideration of CHF 0.3m (approximately £0.2m) on a debt-free, cash-free basis with a normalised level of working capital.

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The transaction is expected to complete by the end of August 2021. The disposal of Domino’s Switzerland is the final part of Group’s planned exit from all directly operated international markets and allows management to focus on its core UK and Ireland operations, as announced by the Company in October 2019.

Domino’s Pizza Group plc is the UK’s leading pizza brand and a major player in the Irish market. We hold the master franchise agreement to own, operate and franchise Domino’s stores in the UK, the Republic of Ireland and Switzerland.

Domino’s Pizza Group PLC. Share price

422.20 GBX0.00 (0.00%)today

6 Aug, 4:35 pm GMT+1 ·Disclaimer

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