(Press Release) Mexico Development Partners announced it has completed an investment in Cesar’s Pizza S.A. in exchange for 49.0% of the Company’s shares. Cesar Pizza is a Mexican company involved in franchising the largest international carry-out pizza chain in the world.
The Company has operations throughout the north-eastern part of the metropolitan area in Mexico City and the State of Mexico. Cesar’s Pizza offers a wide variety of products, ranging from pizzas, chicken wings, cheese breads, sauces and dips with very affordable prices. The business focuses in offering quality products for the base of the pyramid.
“We believe that there is an important demand for quality services in the C and D+ neighborhoods of Mexico City that currently is not being served, and by investing in Cesar’s Pizza we can fulfill part of that demand. Additionally, we know of the impact that this investment will have on the communities where it operates, offering great food and a viable source of employment”, said Gabriel Araujo, Partner, of Mexico Development Partners.
“We are very excited with the investment of Mexico Development Partners in the Company, with their help we are sure that we will scale the Company to the next level and achieve our goals.” said Adolfo Hegewisch, CEO of Cesar’s Pizza.