LEI: 213800Q6ZKHAOV48JL75
9 August 2021
Domino's Pizza Group plc
("DPG" or the "Company")
Disposal of Switzerland Business
Domino's Pizza Group plc ("DPG" or the "Company") is today announcing that it 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. The transaction is expected to complete by the end of August 2021.
The disposal of Domino's Switzerland is the final part of DPG'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.
For further information, please contact:
Domino's Pizza Group plc:
Geoff Callow, Fiona O'Nolan - Equitory
+44 (0) 7710 440158
Media:
Tim Danaher, Samantha Chiene - Brunswick
020 7404 5959
About Domino's Pizza Group:
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. We also have an associate investment in Germany and Luxembourg.
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