Greenwich Pizza
This article's factual accuracy may be compromised due to out-of-date information. (June 2010) |
File:Greenwich pizza.png | |
Company type | 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 (2007) |
P3 billion PHP (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]
See also
- Jollibee (Greenwich's parent company)
References
- ^ 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.
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External links
Wikimedia Commons has media related to Pizzerias in the Philippines.