California Pizza Kitchen signs Taiwan expansion deal

 
June 6, 2011

California Pizza Kitchen Inc. has solidified an agreement to expand into Taiwan with new franchise partner Quanta Foods. As part of the agreement, a minimum of six new California Pizza Kitchen restaurants are expected to open in Taiwan throughout the next five years.

"We are proud to be a global brand and whenever we are able to introduce our innovative menu into a new country, it is an opportunity we pursue," said Rick Rosenfield and Larry Flax, co-founders and co-CEOs of California Pizza Kitchen, in a joint statement. "Quanta Foods has a great success record in Taiwan and we are pleased to partner with them on this venture."

Quanta Foods has been in the restaurant business for more than 20 years and is a former joint-venture partner in Taiwan with such brands as McDonald's and TGI Friday's. Currently, Quanta Foods is the exclusive franchisee for Outback Steakhouse in that country, as well as the operator of other independent restaurants.


Topics: Business Strategy and Profitability , California Pizza Kitchen , Franchising & Growth , Operations Management


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