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Europe: Telepizza to buy Switzerland’s Pizza Blitz to expand

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Telepizza has inked an agreement to acquire Pizza Blitz, the first pizza delivery brand in Switzerland.

The acquisition of 10 additional stores will bring the total number owned by Telepizza globally to 1,352, supporting the brand’s aim to triple market share over the next three years.

“For us, Switzerland represents an exciting step for the brand,” says Telepizza CEO and chairman, Pablo Juantegui Azpilicueta.

“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.”

Telepizza currently operates in more than 15 countries and recently posted €506 million (US$534.79 million) in chain sales and EUR63.4 million in EBITDA.

With ambition for further business growth through ongoing investment, Telepizza is continuously looking for potential JVC and master franchisees that seek to join this opportunity.