Orkla acquires leading Polish pizza chain
Orkla has entered an agreement to acquire 74% of the shares in Da Grasso, one of the leading pizza franchise chains in Poland with 193 outlets nationwide.Consumer sales for the chain in 2021 amounted to EUR 53 million, which corresponds to approximately NOK 530 million. Da Grasso had a turnover of EUR 13.6 million in 2021 (NOK 136 million). Normalized EBITDA amounted to EUR 2.5 million in 2021 (NOK 25 million). Da Grasso was established in 1996. The company is headquartered in Łódź and has 51 employees. "Da Grasso is a well-run business that has built an impressive position in the