France, famed for its fine champagne, frog legs and snails, could become Aussie fast food chain Domino's Pizza's biggest market.
Domino's is buying 89 Pizza Sprint stores for 35 million euro ($A54.87 million), expanding its French network to about 330 outlets.
Chief executive Don Meij says the acquisition entrenches Domino's position as the largest pizza chain in France, a market that has the potential to become the company's biggest sources of earnings.
The US is the world's biggest pizza market by a golden mile, followed by Italy and then France.
"France has the ability to be our biggest business," Mr Meij told AAP.
He said the acquisition would build a sizeable and complementary store presence for Domino's in the west of France.
"This brings our future forward by three to four years," he said.
"It gives us more advertising power and it's really efficient because it is concentrated around one of our distribution centres."
Domino's plans to close about nine stores after the acquisition is wrapped up.
The deal will boost Domino's European operations from 1,350 stores to 1,500.
Domino's ambition is to have 3,250 stores worldwide within a decade and plans to open between 260 and 280 new stores in the 2016 financial year, up from its earlier forecast of 180 to 200.
The fast food chain is funding the Pizza Sprint acquisition from existing and new group debt facilities with the transaction is expected to be completed in January.
The announcement pleased investors who drove Domino's share price up $2.75, or 6.9 per cent, at $42.52.
Bell Direct equities analyst Julia Lee said Domino's was one of a few listed companies on the Australian share market that continues to offer growth.
"The acquisition is going to boost earnings per share by about four per cent," she said.
"Domino's share price, in the year to date, is up 65 per cent and it is continuing on this path of acquisitions and growth which the market rewards because it's hard to come by.
"They are a really successful global growth story."
The group's European operations include stores in Belgium, the Netherlands, and Monaco.
It is the largest pizza chain in Australia and is also the largest franchisee for the Domino's Pizza brand, owned by US listed company Domino's, in the world.
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