Our Brisbane Corporate team is advising Domino’s Pizza on its acquisition of Pizza Sprint, a leading independent pizza chain operating in France. The acquisition is valued at $A55 million.
We have advised the Board on cross border acquisition issues, involving participation in a head office team to review the transaction diligence methodology, outcomes and response, acquisition risk management and documentation preparation.
The transaction is due to be completed in January 2016, with all Pizza Sprint stores being converted to Domino’s stores by the end of 2017.
We also advised Domino’s on its purchase in 2013 of a 75% stake in Domino’s Pizza Japan from Bain Capital, for $A235 million.