Jubilant Foodworks has entered into joint venture (JV) with Golden Harvest QSR.
As per company release, “The company has entered into a share subscription and shareholders’ agreement for a joint venture with Golden Harvest QSR, which is a part of Golden Harvest Group of Bangladesh, for operating Domino’s Pizza restaurants in Bangladesh.”
This joint venture company is known as Jubilant Golden Harvest. Further, Jubilant Food and Golden Harvest will own 51% and 49% respectively in the total shareholding of the JV company.