Greenwich Pizza
Greenwich Pizza, also known as Greenwich, is a pizza and pasta chain in the Philippines. It founded in 1971 by Cresida Tueres.
Product type | Pizza and pasta chain |
---|---|
Owner | Fresh N' Famous Foods Jollibee Foods Corporation |
Country | Philippines |
Introduced | 1971 |
Related brands | |
Previous owners | Greenwich Pizza Corporation |
Website | www |
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 ₱384 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 ₱4 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
- 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.
- Greenwich History Archived 2008-04-18 at the Wayback Machine
- "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.
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