Australian operator buys 75% of Domino's Japan

Bain Capital has sold a 75% stake in Domino's Japan to Australia-based Domino's Pizza Enterprises for $123 million. Domino's Japan has 259 stores and plans to open about 600 more in the next five years. "(The deal) provides access to a large market, which is well-suited to significant new store (openings) and the relocation of stores to higher-traffic locations," said Don Meij, CEO of Domino's Pizza Enterprises, which has the franchise rights for Australia, New Zealand, France, Belgium, the Netherlands and Monaco.

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