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California Pizza Kitchen

CPK’s brand is licensed to a line of hand-tossed type, crispy skinny crust, gluten-free crust, and small frozen pizzas on the market in supermarkets. The brand was initially licensed to Kraft in 1999. The license was assigned to Nestlé after it bought Kraft’s pizza lines in 2010. 1 Currently manufactured by General Mills in the U.S. and Canada. Produced by Cereal Partners under the Nestlé brand elsewhere.

13 NA rights and particular commerce dress to all packaged espresso and different merchandise under the Starbucks model owned by Nestlé since 2019. In 2013, CPK began serving Gluten Intolerance Group certified gluten-free pizzas, available throughout all CPK locations, excluding franchise areas. In July 2020, CPK filed for bankruptcy as a result of COVID-19 pandemic.

2 Brand owned by General Mills; U.S. and Canadian production rights controlled by Nestlé underneath license. three U.S. manufacturing rights owned by The Hershey Company. four U.S. rights and production owned by the Smarties Candy Company with a different product. 5 U.S. rights and particular commerce costume owned by Nestlé; rights elsewhere owned by Associated British Foods. 7 Produced by Cereal Partners and branded as Nestlé within the U.K. eight Philippine manufacturing rights owned by Alaska Milk Corporation.

In October 2020, the sale of the company’s assets was cancelled as a result of no celebration submitted a certified bid by the sale deadline. The company emerged from bankruptcy in November 2020, with significantly much less debt, and employed a new CFO, Judd Tirnauer. In mid-2021, it reportedly employed advisors to refinance its remaining $177 million debt, which might put it in a greater position for both a sale or an IPO. The California Pizza Kitchen chain is extensively known for its revolutionary and nontraditional pizzas, such as the “Original BBQ Chicken Pizza”, Thai Chicken, and Jamaican Jerk Chicken pizzas. They also serve numerous kinds of pasta, salads, soups, sandwiches, and desserts. They have an intensive kids’s menu for children ages 10 and beneath which includes quite a lot of different pizzas, pastas, salad, and rooster. In 1992, PepsiCo paid almost $a hundred million for sixty seven% of the chain, with Flax and Rosenfield every receiving $17.5 million.

9 Singaporean, Malaysian and Thai production rights owned by Fraser and Neave. 10 Used solely in Indonesia, Thailand, and Cambodia. 12 U.S. manufacturing rights owned by the Ferrara Candy Company.

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