Greenwich Pizza

Infobox_Company
company_name = Greenwich Pizza Corporation
company_
company_type = Subsidiary of Jollibee Foods Corporation
foundation = San Juan City, Philippines (1971)
location = Pasig City, Philippines
key_people = Cresida Tueres, Founder Tony Tan Caktiong, Chairman
industry = Restaurants
products = Pizza Fast food
revenue = P4 billion PHP profit (2007)
net_income = P3 billion PHP profit (2007)
num_employees = unknown homepage = [http://www.greenwich.com.ph/ Greenwich Pizza]

Greenwich Pizza is the largest pizza chain in the Philippines.

Greenwich started as an over-the-counter pizza store in the Greenhills Commercial Center in Metro Manila in 1971. In 1994, Jollibee Foods Corporation obtained a deal acquiring 80% of Greenwich shareholding.cite news | last =Ordinario | first =Cai U. | title =Jollibee Foods buys out partner in Greenwich Pizza | work =BUSINESS | language =English | publisher =The Manila Times Internet Edition | date =2006-01-18 | url =http://www.manilatimes.net/national/2006/jan/18/yehey/business/20060118bus8.html | accessdate = 2007-03-12] Then in 2006 Jollibee Foods Corp. bought out the remaining shares of its partners in Greenwich Pizza Corp., equivalent to a 20% stake, for P384 million in cash. The new company was called Greenwich Pizza Corporation, and the franchise experienced rapid expansion. From 50 stores in 1994, as of 2005 there are over 240 stores and an annual revenue of over P4 billion . [ [http://www.greenwich.com.ph/history.asp Greenwich, Greenwich History] ]

Related links

* [http://www.greenwich.com.ph/ Greenwich Pizza official website]
*Wikipedia Page of Jollibee (Greenwich's Owners)

References