TPZ meaning in Business ?

Answer: What is Telepizza mean?

Telepizza (Spanish pronunciation: [teleˈpitsa]) is a pizza restaurant chain that operates mainly in Spain and Portugal and some Spanish-speaking countries, in countries of the European Union, Switzerland, the Middle East and recently in the United Kingdom. It was founded in 1987 with capital from Galicia and Madrid, the Galician segment would leave in 1989 to create Pizza Móvil. The company had factories in Guadalajara, Barcelona, Móstoles, Alcobendas, but were later sold and all the production is made at a factory in Daganzo de Arriba, Madrid. The factories produce the pizza base and then distribute them through the different stores.

Telepizza was created by Leopoldo Fernández Pujals. In 1986 he inaugurated the first Telepizza in the Barrio del Pilar neighbourhood in Madrid.

Prior to its IPO in 2016, the company was owned by the founding Ballvé family and private equity fund Permira.

In March 2010 Telepizza has 1025 outlets worldwide, 603 stores in Spain and has 422 international stores present in countries such as Portugal, Peru, Chile, Poland, Russia, Central America, the United Arab Emirates and Saudi Arabia. In June 2010 the company announced the arrival of the pizza chain to Colombia, where they bought Jeno's Pizza; achieving more than 80 restaurants throughout the country.

In 2016, Telepizza announced its arrival in Saudi Arabia.

In April 2016, Telepizza completed an IPO reported to be valued at euro 550 million.

In June 2017, Telepizza opened its first two location in Iran.

Telepizza has three stores in London.

reference

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