Telepizza takes on the world with Pizza Hut merger
Wednesday, May 16, 2018 @ 11:14 PM
SPANISH fast-food home-delivery chain Telepizza has joined forces with US giant Pizza Hut, making the two together the largest of their type in the world.
Founded in 1988 by Cuban immigrant Leopoldo Fernández Pujals with the backing of a group of small investors from Madrid and Vigo, Galicia, Telepizza is currently the largest non-American pizza chain in the world.
As a result of the merger, Telepizza will rebrand its branches in Latin America as 'Pizza Hut', although it will still offer the telephone and internet home delivery service which, 30 years ago, set it apart from the rest of the fast food industry in Spain and Europe.
But the 592 branches in Spain and the 108 in Portugal will retain the brand name of 'Telepizza'.
Having started out from humble beginnings in a small shop in Madrid, Telepizza now has 1,300 branches, most of which are in Spain, with its second-largest market being in Chile, which has 135 outlets, followed by Poland, with 115, Portugal and Colombia, with 108 each.
Read more at thinkSPAIN.com