Telepizza has entered into a Joint Venture Agreement with Forty’s Pizza, the leading pizza delivery company in the Czech Republic.
Telepizza now has 10 stores and expects to more than double the market in the next 3 years in the Czech Republic.
Telepizza President of International, Giorgio Minardi, comments, “We are delighted with the new JVC with Forty’s Pizza as it marks another step towards achieving our ambitious expansion plans.The Czech Republic represents a fantastic opportunity for us to leverage our growing franchising business in Central Europe and help build momentum as an internationally recognized brand.”
Owner and founder of Forty’s Pizza, Mr. Jakub Šlezar comments, “With its strong heritage and focus on quality, the Telepizza brand is a perfect match for us. We are delighted to have joined such a great organization and are looking forward to using our extensive local knowledge to help grow the Telepizza business in the Czech Republic.”
Telepizza currently owns 1,389 stores worldwide, consisting of 454 owned and 935 franchised or master franchised stores