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Jubilant Foodworks to acquire Fides Food
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The acquisition of Fides by Jubilant Foodworks Netherlands B.V. will enable JFL to indirectly hold 32.81% shares in DP Eurasia, which is the exclusive master franchisee of the Domino’s Pizza brand in Turkey, Russia, Azerbaijan, and Georgia, JFL informed the exchanges
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New Delhi: Jubilant FoodWorks Ltd (JLF) which operates Domino’s Pizza and Dunkin’ Donuts outlets in India is set to fully acquire the Netherlands-based Fides Food Systems Coöperatief UA via its wholly-owned subsidiary, Jubilant Foodworks Netherlands B.V. for approximately £24.80 million.
The acquisition of Fides by Jubilant Foodworks Netherlands B.V. will enable JFL to indirectly hold 32.81% shares in DP Eurasia, which is the exclusive master franchisee of the Domino’s Pizza brand in Turkey, Russia, Azerbaijan, and Georgia, JFL informed the exchanges on Friday. To this end, Jubilant Foodworks N ....

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