Pizza Express recently expanded its portfolio of 500 restaurants to include its first Beijing-based pizzeria. The group already runs 12 restaurants in Hong Kong and nine in Shanghai, says Reuters, and has 436 in Britain.
A joint Gondola and Hony statement said: This transaction is the largest in the European restaurant sector in the past five years. Under Gondola’s ownership, PizzaExpress has built a strong management team, led by Richard Hodgson, which will remain with the business.
Gondola Group is the market leader in the UK casual dining sector, operating PizzaExpress, Zizzi and Ask Italian, together with the smaller brands of Milano (PizzaExpress’ brand in Ireland) and Kettner’s.
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