Brandl & Talos has advised Ring International Holding on its takeover of the Burger King franchise in Norway, Sweden, and Denmark from Umoe Restaurants. Norwegian law firm Bahr advised the seller on the deal. Wikborg | Rein in Norway, Cirio in Sweden, and Bruun & Hjejle in Denmark acted as local advisors to the buyer.
Financial details of the transaction were not disclosed, and the deal is expected to be completed in the fourth quarter of 2020.
Umoe Restaurants is a Norway-based operator of more than 360 restaurants and cafes across Scandinavia. The company is a franchise partner with brands such as Peppe’s Pizza, TGI Fridays, Burger King, Starbucks, and Blender.
Brandl & Talos’s team consisted of Partner Roman Rericha, Lawyer Markus Arzt, and Associates Christina Bernhart and Adrian Anbmann.
Wikborg | Rein’s team included Partner Ketil Boe, Specialist Counsel Christian Emil Petersen, and Senior Associate Henrik Biornstad.
Bruun & Hjejle’s team was led by Partner Andreas Nielsen.