Domino’s Australia New Zealand, the Queensland-based arm of the famous pizza group, aims at expanding operations into Europe where it sees the potential to establish more than 1000 stores.
It has a $14.8 million deal to buy its parent firm's European operation, acquiring 90 stores in France, 62 in the Netherlands and three in Belgium.
The basic idea is to focus on using the firm’s successful Australian and New Zealand business model to profitably grow the European market. As on June 30, Domino's had 438 stores in Australia and New Zealand.