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Domino's keen to expand with another brand

Domino's Pizza says it has approval from the owner of the brand to explore opportunities with another fast food.

A Domino's Pizza store

Domino's Pizza is keen to branch out into other fast food in the US, with the approval of its owner. (AAP)

Domino's Pizza is keen to branch out into another fast food, with the blessing of its US brand owner.

Chief executive Don Meij said Domino's in the US, which holds the pizza brand's franchising rights, has given approval for the Australian-based company to own another US fast food brand, which it could then expand into other markets.

"We are interested in a US business and we are looking in the long term for a second brand," Mr Meij told AAP.

"Domino's in the US has acknowledged that we are a public company that needs to grow and has given us full legal and written approval to look at other markets."

But he said speculation that the group was already negotiating with a Mexican fast food franchise in the US was not true.

"That was made up. I've never spoken to a Mexican business," Mr Meij said.

"There has been a lot of speculation."

Domino's is the largest pizza chain in Australia, and also has pizza operations in New Zealand, France, Belgium, the Netherlands, Japan and Germany.


1 min read

Published

Source: AAP


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