Extract from M&A Insights

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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.

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