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Telepizza

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Telepizza Group S.A.
Telepizza
Company typeSociedad Anónima
BMAD: TPZ
IndustryRestaurant
FoundedMadrid, Vigo (1987; 37 years ago (1987))
FounderLeopoldo Fernández Pujals
Headquarters
Madrid
,
Spain
Area served
Nationwide
Key people
Pedro Ballvé
ProductsPizza, salads, other food products
Websitewww.telepizza.es
Poland Telepizza

Telepizza (Spanish pronunciation: [teleˈpitsa]) is a Spanish multinational pizza restaurant chain. As of 2017 it is the largest pizza chain not originating in North America by number of stores.[1]

Telepizza was founded as "Pizza Phone" in 1987[2] by Leopoldo Fernández Pujals, a Cuban-born American businessman, in Madrid's El Pilar neighbourhood. By 1995 it had 200 locations in Spain with a 52% market share.[3]

The company had factories in the Spanish cities of Guadalajara, Barcelona, Móstoles, and Alcobendas, but those were later sold and all production was moved to a factory in Daganzo de Arriba, Madrid.[citation needed] The pizza base is distributed from the factories to the different stores.

As of 2010, Telepizza has 1025 outlets worldwide; thereof 603 stores in Spain and 422 in markets such as Portugal, the United Kingdom,[4] Peru, Chile, Poland, Russia, Central America, the United Arab Emirates, Saudi Arabia, and Iran.[5]

In 2010, Telepizza bought the Colombian chain Jeno's Pizza.[6]

In April 2016, Telepizza completed an IPO reported to be valued at euro 550 million.[7] Prior to its IPO, the company was owned by the founding Ballvé family and private equity fund Permira.

In 2017, it opened its first establishment in the United Kingdom.[8][9] In July 2017, the company opened its first store in Iran and with projections to open two more in December of the same year, it was the first store opened in South Asia and the second in the Middle East.[10][11] Since November 2017, Telepizza opened its two stores in Paraguay.[12][13]

References

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  1. ^ "Telepizza aterriza en Irán". Expansión.com (in Spanish). 1 July 2017. Retrieved 18 November 2021.
  2. ^ "Telepizza, la cadena de 1.300 puntos de venta que nació en un local de barrio de Madrid". abc (in Spanish). 26 April 2016. Retrieved 18 November 2021.
  3. ^ "Telepizza, la cadena de 1.300 puntos de venta que nació en un local de barrio de Madrid". abc (in Spanish). 26 April 2016. Retrieved 18 November 2021.
  4. ^ Patel, Salina (7 April 2017). "Telepizza launches first food outlet in the UK in Hounslow". Getwestlondon. Retrieved 8 January 2019.
  5. ^ Telepizza. "Telepizza Celebrates the Opening of its First Store in Iran". Newswire.ca. Retrieved 8 January 2019.
  6. ^ Loeda, Roberto C. (1 June 2010). Telepizza entra en Colombia con la adquisición de Jeno's Pizza Alimarket
  7. ^ "PE-backed Telepizza completes €550m IPO". AltAssets. 27 April 2016.
  8. ^ Patel, Salina (7 April 2017). "Telepizza launches first food outlet in the UK in Hounslow". MyLondon. Retrieved 29 April 2022.
  9. ^ "Telepizza aterriza en Reino Unido de la mano de Karali para abrir 80 tiendas en los próximos diez años". Europa Press. 19 May 2016. Retrieved 29 April 2022.
  10. ^ lainformacion.com (1 July 2017). "Telepizza inaugura su primera tienda en Irán y abrirá otras seis más allí este año". La Información (in Spanish). Retrieved 29 April 2022.
  11. ^ "Así han cambiado las tiendas de Telepizza en 30 años". El Confidencial (in Spanish). 23 October 2017. Retrieved 29 April 2022.
  12. ^ "Telepizza France". www.telepizza.com.py (in French). Archived from the original on 2 December 2017. Retrieved 29 April 2022.
  13. ^ "La Nación / Grupo español anunció su desembarco en Paraguay". www.lanacion.com.py (in Spanish). Retrieved 29 April 2022.
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