Greenwich Pizza

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Greenwich Pizza Corporation
Subsidiary
Industry Restaurants
Founded San Juan City, Philippines (1971)
Headquarters Pasig City, 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 is a pizza and pasta chain in the Philippines. It started as an over-the-counter pizza store in the Greenhills Shopping Center in Metro Manila in 1971.

In 1994, Jollibee Foods Corporation obtained a deal acquiring 80% of Greenwich shareholding.[1] Then, in 2006, Jollibee bought out for PHP384 million the remaining shares of its partners in Greenwich, and the resulting new company was called Greenwich Pizza Corporation. The franchise experienced rapid expansion thereafter—from its mere 50 stores in 1994, Greenwich already had over 240 stores with an annual revenue of over PHP4 billion in 2005, but as of 2011, it already had over 330 stores.[2]

Gallery[edit]

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References[edit]

  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, Greenwich History

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