Bangladesh deal: AZB helps Jubilant Foodworks JV to launch Domino’s Pizza in Bangladesh

Wednesday, 25 April 2018 By Rukmini Biswas Corporate M&A

Jubilant FoodWorks has entered into a joint venture agreement with Golden Harvest QSR, a subsidiary of Golden Harvest Agro Industries to launch the world’s largest pizza chain, Domino’s Pizza in Bangladesh, as reported by The Economic Times and Mint. Post the investment, Jubilant Foodworks will be the major stakeholder in the joint venture entity with a 51% shareholding while Golden Harvest QSR will hold the remaining 49% stake.

AZB & Partners advised Jubilant Foodworks and was led by partner Vinati Kastia, senior associate Anant Dang and associate Aprajita Kapoor.

Ahmed & Farooq acted as the Bangladesh legal counsel in the deal.

Jubilant Foodworks is a master franchise holder of Domino’s Pizza and Dunkin’ Donuts brands in India also having exclusive rights to develop and operate in Sri Lanka, Bangladesh and Nepal.

2018-03-06

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AZB & PartnersAhmed & Farooq

Comments

indianforeign law firm 25 Apr 2018, 15:41
+11 -2
interesting that Indian law firms are happy to practice outside India by following their clients into other jurisdictions but have the problem with foreign law firms doing the same in India.
Observer 26 Apr 2018, 05:49
+4 -2
Agreed, but AZB has always supported liberalisation of the legal industry in India, unlike other baniya firms !
SAM-IE 28 Apr 2018, 09:23
+1 -0
HI-FI, what are you smoking brother? Most baniya firms are happy, it is the time to monetize..
Deshi 27 Apr 2018, 11:33
+0 -0
Bangladesh already had duminy's pizzaa domes' pizza (with almost similar logo). AZB better gear up on IPR issues or get an B'desh firm lined up for trademark issues.
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