NoHo Partners completed the acquisition of a 70% stake inFriends & Brgrs.

NoHo Partners, a provider of restaurant services, completed the acquisition of a 70% stake in Friends & Brgrs, a burger restaurant chain. Financial terms were not disclosed. “All Friends & Brgrs restaurants are very profitable, and they have a clear recipe for scaling their operations also from the perspective of capital profitability. I believe that we can introduce significant synergies to the background of the company, such as in purchasing, administration and the development of digital sales channels, in particular. At the same time, we want to take care of the most important recipe for success: the high quality of sustainably produced products and happy staff,” Aku Vikström, NoHo Partners CEO.