Telepizza Acquires Pizza Blitz in Switzerland
Telepizza, the world’s largest pizza delivery company outside of the USA, has acquired Pizza Blitz, Switzerland’s original pizza delivery brand. The additional 10 stores bring Telepizza’s global network to an impressive 1,352 stores, supporting the brand’s aggressive growth plans which aim to triple market share over the next three years.
Pablo Juantegui Azpilicueta, chief executive and chairman of Telepizza, comments: “At Telepizza, we are proud of introducing our brand in new markets. For us, Switzerland represents an exciting step for the brand. We have taken into account Swiss people’s distinctive features for adapting our recipes to their taste, always keeping our brand essence: the secret is in dough.”
Headquartered in Madrid, Spain, Telepizza currently operates in more than 15 countries through a network of own stores, franchisees and master franchisees. It recently posted €506 million in chain sales and €63.4 million in EBITDA.
Including its US-based competitors, Telepizza is the fourth largest global player in pizza delivery in terms of number of stores. Telepiza is the market leader in its core markets by number of stores (number one in Spain, Portugal, Chile and Colombia and number two in Poland).
