Global Brands, the London-listed company that owns the rights to Domino’s Pizza in Switzerland, has acquired a holding company that operates three of its rivals in the region. Global Brands announced the purchase of Pagonia, which has three wholly owned subsidiaries, Pizza Taxi, Pizza Taxi Handels and Lang Tsu, this morning. Pagonia subfranchises four pizza delivery stores - Tizzi, PizzaBebbi, Allwegas Gmbh and Pizza Dealer - which trade under the Pizza Taxi brand in the Basel, Baselland and Aargau regions of Switzerland. The primary asset acquired by Global Brands is the right to subfranchise the four pizza delivery stores. The acquisition is conditional on all four franchisee companies agreeing to become sub-franchisees of Domino's Pizza under Global Brands.