Timati and Pinsky bought Russian franchise outlets Domino’s Pizza

Rapper Timati (real name Timur Yunusov) and restaurateur Anton Pinsky did not buy the brand and business of foreign owners of the Domino’s Pizza pizzeria chain in Russia, but only acquired 60 restaurants from the chain’s franchisees, in addition, they agreed to cooperate with several more partners. Pinsky told journalists about this. According to him, he and Timati will develop their network under the Domino Pizza brand.

“We didn’t buy anything from Domino’s. We bought about 60 pizzerias from their franchisees, who, from the news that the foreign owners of the brand were going to leave the market, were in some shock, because they were completely dependent on them, ”the restaurateur explained during the presentation of his joint pizzeria chain with the rapper ( quote by TASS).

August 21 DP Eurasia (owner of Domino`s Pizza in Russia) reported, which stops attempts to sell the Domino`s Pizza brand in Russia. The company initiated the beginning of the bankruptcy of the Russian business. Its external debt is estimated at 520 million rubles. In March 2022, the master franchisee of Domino`s Pizza waived royalties and stopped investing in Russia.

August 22 Timati informedthat, together with Anton Pinsky, he is ready to acquire a chain of pizzerias with subsequent rebranding. The rapper indicated that he and Mr. Pinsky already have similar experience – in 2022 they acquired the Russian business of Starbucks. According to experts, if the deal goes through, its amount could reach 1.5 billion rubles.

More details – in the material “Kommersant FM” “Timati took up Domino’s”.

Alexander Kislov