Herkules Capital to acquire Sumo from Sinco for $20m.

Herkules Capital, restaurant investors, agreed to acquire Sumo, an Asian fusion restaurant chain, from Sinco, a restaurant company, for $20m. “We are impressed by the outstanding track record, the strong culture and the enthusiasm in the organization. Sumo has a unique offering that makes people want to return again and again. The food is popular and the people working there are hands-on and genuinely service minded. In addition, Sumo is capturing the takeout trend and has been successful in building a popular brand through social media. We believe Sumo has a large potential for further growth both in Norway and abroad," Fredrik Kongsli, Herkules Co-Founder.