Login
Domino’s buys out Bain in Japanese acquisition
Domino’s Pizza Enterprises has been advised by Thomson Geer on its latest acquisition to acquire 100 per cent of a Japanese franchisee branch.
Emma Musgrave
Firms: Thomson Geer (Domino’s Pizza Enterprises); Flagstaff Partners (Domino’s Pizza Enterprises); Undisclosed (Bain Capital)
Value: $42 million
Area: M&A
Key players: The team advising Domino’s was led by Thomson Geer partner Eugene Fung, with assistance from partner Robert Gallagher and senior associate Melanie Mitchell.
Deal significance: According to a statement from Thomson Geer, Domino’s entered the Japan market in a joint venture with Bain Capital in 2013.
“In FY17, the Japan market achieved its highest ever level of carry out sales with 493 stores. With the acquisition of Bain’s minority interest, Domino’s now owns 100 per cent of that market,” the statement said.
Commenting further on the significance of the transaction, Thomson Geer partner Eugene Fung said: “It has been a busy period for the Domino’s acquisitions team with the recent acquisition of Hallo Pizza in Germany and now the Bain minority interest in Japan”.
“We are delighted to have supported both transactions,” he concluded.
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
Email Emma on:
