Announced
Completed
Financials
Sources
Tags
Completed
Private Equity
Single Bidder
Acquisition
Restaurants and Bars
restaurant chain
Majority
Friendly
Domestic
Norway
Private
Synopsis
Jordanes, a private equity firm, completed the acquisition of Umoe Restaurants, an operator of restaurant chains, from Umoe, a private equity firm. Financial terms were not disclosed. "I have owned Umoe Restaurants since 2002 and have strong feelings for the company. I am convinced that Umoe Restaurants and Scandza, which are joint owners, will be able to use synergies, develop the group̵," Jens Ulltveit-Moe, Umoe Restaurants Owner.
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