Announced
Completed
Financials
Sources
Tags
Cross Border
Restaurants and Bars
Single Bidder
restaurants operator
Acquisition
Majority
Private
Germany
Completed
Friendly
Synopsis
Valora, a retailing company in Europe, completed the acquisition of Frittenwerk, an operator of self-service restaurants. Financial terms were not disclosed. By buying this established brand, Valora is further developing its food service business, which is currently mainly focused on takeaway offerings and tapping a new market. Together with Frittenwerk, it aims to profit from the development of the fast-casual segment, which boasts above-average growth compared to the overall market.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.