Jubfoods will probably have management control as they would be the largest shareholder. Rest of the holding is with public and KMP.
What we should note here is the excellent relationship between Dominoes Inc and Jubilant Foodworks. They gave the Bangladesh, Sri Lanka Business. They also don’t mind Jubilant foods getting into related businesses like Dunkin, Hongs, Ekdum. I guess they are sold on Jubilant’s excellent execution skills. India is one of the largest growth contributors to the overall global dominoes sales. Compare this with McDonald’s India which has struggled in the past in India & has split the business between 2 partners.
One concern in DP Eurasia would be the sub- Franchise store model. Jubilant is great with execution as it own all the stores. Managing and turning around Sub franchise store is a tough task