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Telepizza, the worlds largest pizza delivery company outside of the USA, has recently embarked on a joint venture with Fortys Pizza, the Czech Republics leading pizza delivery company.
Agreements with leading businesses in key markets is a vital part of Telepizzas ambitious plans for rapid international growth alongside innovation, JVCs and organic store rollouts, which aim to double the market over the next 3 years. The new joint venture company will be led by founder of Fortys Pizza, Mr. Jakub Slezar.
Telepizza President of International, Giorgio Minardi, comments, "We are delighted with the new JVC with Fortys Pizza as it marks another step towards achieving our ambitious expansion plans.The Czech Republic represents a fantastic opportunity for us to leverage our growing franchising business in Central Europe and help build momentum as an internationally recognised brand."
Owner and founder of Fortys Pizza, Mr. Jakub Slezar comments, "With its strong heritage and focus on quality, the Telepizza brand is 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."
Telepizza currently operates in more than 20 countries and posted EUR517 million in chain sales and EUR63.6 million in EBITDA in 2016. With ambition for further business growth through ongoing investment, Telepizza is continuously looking for potential JVC and master franchisees that seek to join this incredible opportunity.
about Telepizza
Telepizza is the worlds largest pizza delivery company outside of the USA. Headquartered in Madrid, the company offers a variety of pizza and complementary products that combine consistent flavours across countries with a focus on local adaptation and innovation in the markets wher it operates.
Telepizza operates in more than 20 countries with its own brand throughout Europe (Spain, Portugal and Poland), Latin America and other regions mostly through master franchise agreements. As of March 2017, the company had a network of 1,389 stores (454owned stores and 935 franchised and master franchised stores) and employs a vertically-integrated business model throughout seven dough production facilities.
In 2016, the Group posted EUR517 million in chain sales and EUR63.6 million in EBITDA.
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