CPK Signs Deal With Dubai Franchisee

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California Pizza Kitchen Inc. said late Friday that it signed a deal with Gourmet Gulf Co. to become a franchise partner. Financial terms of the deal were not disclosed.


As part of the deal, the Los Angeles-based gourmet pizza chain said Dubai-based Gourmet Gulf will open a minimum of three California Pizza Kitchen locations within two years.


The first restaurant is to open in the franchisee’s headquarters city of Dubai in the fall, the company said.


This is California Pizza Kitchen’s first deal in the Middle East. However, the company currently has 19 restaurants located in China, Japan, Philippines, Malaysia, Singapore, Mexico, South Korea and Indonesia.


Shares in CPK were up 2.1 percent to $14.75 in early trading Monday.

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