Announced
Completed
Financials
Tags
Acquisition
pizza franchise
Ireland
Restaurants and Bars
Majority
Cross Border
Private
Friendly
Single Bidder
Private Equity
Completed
Synopsis
Domino's Pizza Group, a United Kingdom-based master franchise of international fast food pizza delivery chain Domino's, completed the acquisition of the remaining stake in Shorecal, a Domino’s franchise business operating in the Republic of Ireland and Northern Ireland, from Charles Caldwell, Anne Caldwell and Adrian Caldwell, the owners, and Radcliff Management-backed SC Holdings I, an investment vehicle, for €72m. “I’m delighted that we have been able to move quickly on the first part of the growth plan we set out in December and agree terms to acquire the remaining shares in Shorecal. We believe there is a significant opportunity for us in Ireland and we are now in an even stronger position to accelerate our growth, open new stores, and provide great service and great tasting products to our customers," Andrew Rennie, Domino's Pizza Group CEO.
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