CLP has assisted Jordanes AS, owner of the branded consumer goods company Scandza, in its acquisition of 100% of the shares in Umoe Restaurants AS. Umoe Restaurants is a leading player within restaurants, take away and home delivery, with brands such as Peppes Pizza, and has also the franchise for TGI Fridays in Norway, and Starbucks in Norway and Sweden. Umoe Restaurants has 140 restaurants and a normalized annual turnover of NOK 1.3 billion.
The transaction was completed on 30 June 2021.
Read more about the transaction here.