Orkla ASA: Orkla seeks to acquire Kotipizza
Orkla has today signed a combination agreement to launch an offer to purchase all the shares in Kotipizza Group Oyj ("Kotipizza Group"), the owner of Finland's largest chain for pizza restaurants. Kotipizza Group is a leading player in the growing Finnish restaurant market, and Finland is one of Orkla's home markets. The restaurants are mainly operated by franchisees. "Kotipizza Group is a well-run company with competent management and a well-functioning franchise model. The acquisition of Kotipizza Group is in line with our strategic ambition to increase our presence in channels with