Domino’s master franchisee for the United Kingdom and Ireland is divesting its last operation in continental Europe through the sale of Domino’s Switzerland for the equivalent of $278,000.
The name of the buyer was not disclosed by Domino’s Pizza Group PLC (DPG), a public company based in the U.K.
DPG said the sale completes the streamlining announced by the company in October 2019. The divestiture will enable the company—reportedly Domino’s largest master franchisee—to focus on operations in its core markets of the U.K. and Ireland.
The company sold its operations in Iceland and Sweden in March.
DPG still holds investments in Domino’s operations in Germany and Luxembourg, but does not operate the restaurants there.
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