Greenwich Pizza

Greenwich Pizza
Product type Pizza and pasta chain
Owner Fresh N Famous Foods
Country Philippines
Introduced 1971 (1971)
Related brands
Previous owners Greenwich Pizza Corporation
Website www.greenwich.com.ph

Greenwich Pizza, founded in 1971 by Cresida Tueres, 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]

Greenwich Pizza later became a brand managed by Fresh N Famous Foods, a subsidiary of Jollibee Foods Corporation.[3]

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 Archived 2008-04-18 at the Wayback Machine.
  3. ↑ "Fresh N' Famous Foods Inc Company Profile". EMIS. Retrieved 1 November 2017. Fresh N' Famous Foods Inc, a subsidiary of Jollibee Foods Corporation (JFC) operates and franchises quick-service restaurants under the trade names "Chowking" and "Greenwich"; Red Ribbon Bakeshop, Inc.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.