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New Deal


Announced

Norvestor-backed 4Service acquired bRest.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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canteen company

Catering

Norway

Acquisition

catering services

Private

Private Equity

Pending

Friendly

Single Bidder

Majority

Synopsis

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Norvestor-backed 4Service, whose line of business includes the retail sale of prepared foods and drinks for on-premise consumption, acquired bRest, a Norwegian catering company. Financial terms were not disclosed. "The reason for our decision is that we see great advantages in an integrated collaboration with 4Service, which we believe will benefit our customers. 4Service has invested heavily in digitization and development of new service services, and bRest will have access to these resources on the system and IT side, among other things," Ivar Villa, bRest Managing Director.

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