Australian pizza giant enters Danish market with Thomson Geer’s help

Deals experts worked with a global firm in Copenhagen to ensure the deal succeeds

Australian pizza giant enters Danish market with Thomson Geer’s help

Thomson Geer has continued work for a longstanding client, which has entered the Danish pizza market through an acquisition.

The firm advised ASX-listed Domino’s Pizza Enterprises (DPE) on its acquisition of company-owned stores and other assets of Domino’s Pizza Scandinavia (DPS) for €2.5m. DPS entered into administration in March.

Thomson Geer was lead legal counsel in the deal and worked with local Danish counsel, DLA Piper Copenhagen, to ensure the deal succeeded.

Flagstaff Partners provided financial advice to DPE, while EY assisted in tax, accounting, and due diligence.

Partner Eugene Fung and lawyer Thomas Gardner headed the Thomson Geer team. The deal continues the relationship between the firm and DPE.

In 2017, Thomson Geer advised Australia’s largest pizza delivery chain in its buyout of Hallo Pizza for $100m via its Domino’s Pizza Deutschland joint venture, as well as a minority-stake acquisition in Domino’s Pizza Japan for $42m.

DPE expects to restart operations in Denmark with about 20 company-owned stores in addition to a small number of franchised stores within the next year.

Related stories

Free newsletter

Subscribe to our FREE newsletter service and we’ll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Please enter your email address below and click on Sign Up for daily newsletters from Australasian Lawyer.

Recent articles & video

Allens assists on $1.4bn capital raising applying ASX temporary class waiver

Hall & Wilcox plays major role in assets acquisition by fintech investor

CEO and managing partner parts ways with DWF

Authenticity and trustworthiness are critical to professional success, says G+T partner

Global healthcare company receives $1.2bn equity boost with HSF’s help

US bar comments on nationwide protests after George Floyd death

Most Read Articles

Lander & Rogers beefs up technology and digital practice with new partner

COVID-19 and Australian courts and legal bodies updates: 1 June

KWM helps industrial chemicals manufacturer cook up $600m in capital raising under COVID-19

Baker McKenzie’s IPTech team gets an upgrade with new partner