Orkla acquires New York Pizza
Orkla has entered into an agreement to purchase 75% of the shares in New York Pizza, one of the leading pizza chains in the Netherlands.Last year, New York Pizza sold 11.5 million pizzas and had total turnover of EUR 54.7 million (including dough manufacturing turnover), equivalent to approximately NOK 555 million. Chain sales have increased by approx. 12 % p.a. since 2008, driven by like-for-like growth and roll-out of new sales outlets. Orkla has entered into an agreement to purchase 75% of the shares in New York Pizza. The current shareholders will continue to have an ownership of 25%.