Pizza Hut UK has acquired 64 Pizza Hut dine-in restaurants through a pre-pack administration, but 68 sites remain at risk of closing.
Business consulting firm FTI was announced today as administrators of DC London Pie Limited, a franchisee of Pizza Hut dine-in restaurants.
While a Pizza Hut UK spokesperson has confirmed it has secured the continuation of 64 sites “to safeguard our guest experience and protect the associated jobs”, it is understood that 75 restaurants and 741 jobs are at risk and were not included in the last-minute rescue deal.
The spokesperson said: “Approximately 1,277 team members will transfer to the new Yum equity business under UK TUPE legislation, including above-restaurant leaders and support teams.”
Pizza Hut Europe and Canada MD Nicolas Burquier added: “This targeted acquisition aims to safeguard our guest experience and protect jobs where possible. Our immediate priority is operational continuity at the acquired locations and supporting colleagues through the transition.”
It comes just nine months since DC London Pie saved 139 dine-in restaurants after the business entered a pre-pack administration in January. The deal preserved 3,000 jobs and led to the closure of only one restaurant at the time.
The changes come amid a challenging year for the Pizza Hut brand, which reported a 15% drop in profit to £60m for the second quarter to 30 June 2025, as sales fell by 1%.
But it’s not alone. Domino’s reported a 14.8% decline in pre-tax profits to £47.3m for the 26 weeks to 29 June, as pressures from high prices and cheaper supermarket alternatives mount.
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