Domino’s Pizza reports that they have purchased the German chain Joey’s Pizza for 79 million euros. Joey’s has 212 stores in Germany, making it the largest pizza chain in the world’s fourth-largest pizza market. The Joey’s acquisition is a strategic move that will allow Domino’s to take advantage of the smaller chain’s local expertise in Europe. With the addition of the Joey’s stores Domino’s now operates around 775 stores in Europe. The chain hopes to grow that number to between 1,500 and 2,500 in the long term.
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