Norwegian Umoe Restaurants AS acquired Montana Food's Burger King restaurants in Denmark. LETT assisted Umoe Restaurants AS in the transaction.
Umoe Restaurants A/S owns 330 restaurants and trades for more than NOK 4bn. In addition to the Burger King restaurants, the Company owns a number of Starbucks cafés and Peppes Pizza etc. So, Umoe Restaurants AS is the largest player in Scandinavia within this area.
The investment in Denmark is stragegic, and Umoe Restaurants AS expects to open more restaurants in Denmark in the future.
Matter Type
Asset Sale: Acquiror's Counsel
Industry
Sport & Leisure
News Category
M&A
Real Estate & Construction