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Announced

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NorgesGruppen completed the investment in Grød Norge from Grød.

Synopsis

NorgesGruppen, a Norwegian grocery wholesaling group, completed the investment in Grød Norge, a company specializes in offering porridge dishes, from Grød, a restaurants, and hospitality company. Financial terms were not disclosed. "Norwegians have a fantastic porridge culture, and I feel convinced that they will welcome our healthy, tasty and sustainable food. At the same time, I have great respect for everything that must succeed when we have to bring the GRØD concept into a new country. I am happy that we have found the right partner in NorgesGruppen, which is a solid company with broad competences within operations in the restaurant industry," Lasse Skjønning Andersen, Grød Founder and CEO.

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