Dominos' Polish master franchisee DP Poland to debut on AIM

* Sees rolling out at least 27 stores in Warsaw by end-2012

* Team behind DP Poland includes Coffeeheaven founder

July 14 (Reuters) - DP Poland Plc, the Polish master franchisee for U.S-based Domino's Pizza Inc DPZ.N, plans to list on London's junior market, and roll out at least 27 stores in Warsaw by end-2012, underpinning the pizza delivery chain's growth in foreign markets.

DP Poland, which is planning a wider national rollout, said it would consider sub-franchising later in its development programme.

Last week, Polish Central Bank Governor Marek Belka said the economy may grow by about 3 percent this year and possibly accelerate to 3.5 percent or more in 2011. [ID:nLDE66805P]

In February, Domino’s Chief Executive said the company had the potential to nearly double its stores in its ten largest foreign markets.

The Indian franchisee of Domino's Pizza, Jubilant Foodworks JUBI.BO, which was listed on Feb. 8, also plans to expand further by opening 70 stores in India in fiscal 2011. [ID:nSGE6660FR]

The management team of DP Poland includes Chairman Richard Worthington, founder of coffee bar operator Coffeeheaven International, which was bought by hotel, pub and restaurant owner Whitbread Plc WTB.L last year.

The team also comprises Marketing Director Peter Shaw and non-executive directors Rob Morrish and Nick Donaldson.

Worthington and Shaw each hold an 18 percent stake in the company.

On Monday, the British and Irish franchisee of the global delivery brand DOM.L had posted a 29 percent rise in first-half pretax profit. [ID:nLDE66B078]

The statement from AIM did not disclose the amount of money to be raised through the initial public offering or the company’s market capitalisation following the IPO. (Reporting by Tresa Sherin Morera in Bangalore; Editing by Roshni Menon)


Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.

Sign up for a free trial of our full service at and follow us on Twitter @Breakingviews and at All opinions expressed are those of the authors.