Announced
Financials
Sources
Tags
Acquisition
Friendly
Sweden
Restaurants and Bars
Majority
Private
Domestic
restaurant chain
Single Bidder
Pending
Private Equity
Synopsis
Litorina, a private equity firm, agreed to acquire a majority stake in Brödernas, a Sweden-based restaurant chain focused on serving high-quality burgers and pizza. Financial terms were not disclosed. "We actively look for partnerships with outstanding founders and we are highly impressed with Brödernas’ success to date showing spectacular growth and a consistently strong focus on high-quality food and best-in-class service. We have broad experience from scalable roll-out cases and the foodservice sector and are very pleased that the founders of Brödernas have chosen Litorina as their preferred partner going forward. We are truly looking forward to the journey ahead," Mattias Letmark, Litorina Partner.
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