Quick Answer: Who Owns Pizza Express?

Who is Pizza Express owned by?

Pizza Express, which was founded in Soho, central London, in 1965 by the late Peter Boizot, was acquired by Hony in 2014 in an £873 million deal.

Is Pizza Express Chinese owned?

PizzaExpress is a restaurant group based in the United Kingdom and owned by a group of bondholders. It has over 470 restaurants across the United Kingdom and 100 overseas in Europe, Hong Kong, China, India, Indonesia, Kuwait, The Philippines, The United Arab Emirates, Singapore and Saudi Arabia.

Who owns Pizza Express and Zizzi?

PizzaExpress, sold to the China based private equity firm Hony Capital in July 2014 for £900 million ($1.54 billion). ASK Italian and Zizzi, Italian food. Gondola Group.

Type Private
Owner Cinven
Website gondolaholdings.com

Is Pizza Express in financial trouble?

Pizza Express ‘ turbulent year is set to get more complicated, with owners Hony Capital on the verge of leaving the business. The total debt is around £1.1 billion, more than the £900 million Hony Capital paid for it and, constituted in part by £450 million in loans from Hony itself.

What’s happened to Pizza Express?

arlier this evening Pizza Express announced it will close 73 restaurants and cut 1,100 jobs after being hit hard by the coronavirus pandemic and lockdown. Pizza Express, which is majority owned by Chinese firm Hony Capital, also confirmed it had hired advisers from Lazard to lead a sale process for the business.

You might be interested:  FAQ: How To Reheat Pizza?

Are ASK and Pizza Express the same company?

Gondola Group has been the market leader in the UK casual dining sector for many years (until its recent business disposals). It previously owned PizzaExpress, Zizzi, ASK Italian and Byron.

How many employees does Pizza Express have?

The redundancies at the high-street restaurant come on top of 1,100 job losses in August, when Pizza Express agreed a deal with landlords to close 73 of its restaurants, meaning about 2,400 employees – almost a quarter of its previously 10,000-strong workforce – have been made redundant since the start of August.

Is Pizza Express a franchise?

Unfortunately, Pizza Express does not offer franchising opportunities in the UK.

Is Pizza Express going into administration?

Pizza Express is to close 73 restaurants, putting 1,100 jobs at risk, after creditors approved a rescue restructure. Pizza Express said approval of its company voluntary arrangement (CVA) deal, a form of insolvency, would help secure 9,000 jobs in the UK.

Does Pizza Express do takeaways?

Collection Menu | Takeaway Pizza | PizzaExpress.

Written by

Leave a Reply