Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Orkla acquires Danish pizza restaurant chain Gorm’s
March 14, 2018

Scandinavian food group Orkla has agreed to take a controlling 67% stake in the Danish pizza restaurant chain Gorm’s for an undisclosed sum. Oslo-based Orkla already provides pizzas to the Norwegian, Swedish and Finnish grocery sectors. Gorm's has a strategic prominent position and will create a new sales channel for Orkla on the Danish market. Gorm's had a turnover of DKK 48m and EBITDA of DKK 3m for the fiscal year ending June 2017.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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