OLOMUC, Czech Republic,
October 23, 2017 /PRNewswire/ --
- Last March, Telepizza signed a Joint
Venture Agreement with Forty's Pizza, the leading
pizza delivery company in the Czech
Republic. This joint venture
company has been led by Mr. Jakub Šlezar,
founder of Forty's Pizza
- Telepizza's plans for the country include
25 stores in 3 years
- Telepizza currently owns 1,440 stores
worldwide, 469 own stores (33%) and 971 franchised and
master franchised stores (67%)
The Telepizza Group, the leading non-US based pizza delivery
company by number of stores, has announced the opening of its first
10 stores in Czech Republic, after
the joint venture agreement signed in March
2017 with Forty's Pizza, the Czech
Republic's leading pizza delivery company. These stores are
being inaugurated this week in the city of Olomuc. The Czech joint
venture is being led by owner and founder of Forty's Pizza, Mr.
Jakub Šlezar.
(Photo:
http://mma.prnewswire.com/media/568329/Telepizza_Czech_Republic.jpg
)
(Logo:
http://photos.prnewswire.com/prnh/20150317/735407-a )
Today, all the Forty's Pizza stores have become Telepizza's
stores, offering the best flavour of the Spanish brand, with its
excellent dough and the best local quality ingredients, as well as
its expertise and proven track record in marketing, technology,
franchising and supply chain.
Pablo Juantegui, Chairman and CEO of Telepizza explains that
"our international expansion is one of the keys to our success,
and we look forward new business opportunities to bring our brand
all over the world. The openings in Czech
Republic are key for Telepizza, in
order to take full advantage of this growth opportunity
for expanding our franchising business in Central Europe".
"We are very proud of the inauguration of our first
10 Czech stores. We are really confident that our
customers will love our products and service", states Telepizza
President of International, Giorgio
Minardi.
International expansion, key pillar for
Telepizza
The plans for Telepizza in Czech
Republic are ambitious. The company's forecasts include
operating in the country through 25 stores in the next three
years.
In fact, agreements with leading businesses in key markets are a
vital part of Telepizza's plans for international growth, alongside
innovation.
"With its strong heritage and focus on quality, the Telepizza
brand has been a perfect match for us. We are
delighted to have joined such a great organisation and are looking
forward to using our extensive local knowledge to help grow the
Telepizza business in the Czech
Republic", Mr. Jakub Šlezar comments.
Telepizza Group:
We are the largest non-U.S.-based pizza delivery company in the
world by number of stores. Headquartered in Madrid, Spain, Telepizza operates in more than
20 countries through a network of own stores, franchisees and
master franchisees, with 1,440 stores globally, including 469 own
stores (33%) and 971 franchised and master franchised stores (67%)
as of 30 June, 2017.
Including our U.S.-based competitors, we are the fourth largest
global player in pizza delivery in terms of number of stores. We
are the market leader in our core markets by number of stores
(number one in Spain, Portugal, Chile and Colombia and number two in Poland).
The total sales within our network, including own stores,
franchisees and master franchisees, are recorded as chain sales,
which amounted to €541.2 million in the twelve months ended
30 June 2017.
Telepizza listed on the Barcelona, Bilbao, Madrid and Valencia stock exchanges with its shares
starting trading on 27 April 2016.
The total number of shares is 100,720,679.
http://www.telepizza.com
https://www.facebook.com/telepizza
https://mobile.twitter.com/telepizza_es
Contacts: Telepizza – +34 91 6576200, Miguel Justribó,
miguel.justribo@telepizza.com