Business
Strategic Acquisition
Strategic Acquisition.
About this update from Dp Poland Plc
[{"type":"text","content":"\n\nThis announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.\n \nDP Poland PLC\n(\"DP Poland\", the \"Company\" or the \"Group\")\n \nStrategic Acquisition of Pizzeria 105 in Poland\n \nDP Poland, the operator of Domino's pizza stores and restaurants across Poland and Croatia, is pleased to announce the acquisition of the entire issued share capital of Mastergrupa sp z.o.o., trading as Pizzeria 105 (\"Pizzeria 105\") in Poland, a franchised quick service pizza restaurant business that operates 90 locations across Poland (the \"Acquisition\"). The total consideration for the shares in Pizzeria 105 amounted to PLN 42.3 million (c. £8.5 million) (the \"Consideration\").\n \nSimultaneously the seller of Pizzeria 105, Marcin Ciesielski (the \"Seller\") has agreed to re-invest one third of the Consideration through its family office, MC Family Fundacja Rodzinna, equating to c.PLN 13.4 million (c.£2.7 million) by subscribing (the \"Subscription\") for 23,582,322 new ordinary shares of 0.5 pence each in the Company (the \"Ordinary Shares\") at the subscription price of 11.4 pence (the \"Subscription Price\") per Ordinary Share (the \"Subscription Shares\").\n \nNils Gornall, Chief Executive Officer of DP Poland Plc, commented:\n \n\"We are delighted to acquire Pizzeria 105, advancing our plan to operate 200 Domino's stores in Poland by 2027 and unlocking the longer-term potential for 500+ locations. This acquisition fast-tracks our transition to a predominantly franchised, capital-light model, with over half of our stores set to be franchise-operated from completion.\n \nBy welcoming 76 experienced franchise partners, we expand our presence into 31 new Polish cities, with Pizzeria 105's store aesthetic and customer base aligning closely with ours. These franchisees will benefit from Domino's high-volume mentality, industry-leading online platform, brand visibility, and marketing support, providing a clear path to drive order count in line with ours at 56% higher levels.\n \nThe enlarged network should also unlock further efficiencies in food costs, technology, and logistics. I am pleased that the founder of Pizzeria 105 will remain as a shareholder, ensuring a smooth...