Madrid-based Telepizza, which claims to be the largest pizza delivery company outside the U.S., has been seeking to expand abroad from the U.K. to Iran to diversify a business that still relies on its home country for about two thirds of its sales, Chief Executive Officer Pablo Juantegui said in an interview in Madrid.

The company, which sells 60 million pizzas a year, is also accelerating plans to refurbish its restaurants and is investing in higher-margin gourmet pizzas to help boost revenue, Juantegui said.

(Source: Bloomberg)