Greenwich Pizza

Greenwich Pizza Corporation
Subsidiary
Industry Restaurants
Founded San Juan City, Philippines (1971)
Headquarters Pasig City and Cebu City, Philippines
Key people
Cresida Tueres (founder)
Tony Tan Caktiong (chairman)
Products Italian cuisine
Revenue P4 billion PHP Increase (2007)
P3 billion PHP Increase (2007)
Parent Jollibee Foods Corporation
Website Greenwich Pizza

Greenwich Pizza, founded in 1971, is a pizza and pasta chain in the Philippines.

In 1994, Jollibee Foods Corporation acquired 80% of Greenwich shares.[1] Then, in 2006, Jollibee bought out the remaining shares of its partners in Greenwich for PHP384 million, giving rise to a new company known as the Greenwich Pizza Corporation. The franchise experienced rapid expansion from the original 50 stores in 1994 to over 240 stores with an annual revenue of over PHP4 billion in 2005. Expanding further through 2011, the corporation had opened over 330 stores.[2]

Gallery

See also

References

  1. Ordinario, Cai U. (2006-01-18). "Jollibee Foods buys out partner in Greenwich Pizza". BUSINESS. The Manila Times Internet Edition. Archived from the original on 2007-06-21. Retrieved 2007-03-12.
  2. Greenwich History

External links


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