NoHo Partners has acquired the restaurant operations of Wanha Satama
NoHo Partners Plc, Investor News, 14 January 2025 at 13:00 EET
NoHo Partners has acquired the restaurant operations of Wanha Satama
NoHo Partners has acquired the restaurant operations of Wanha Satama from Pro Ravintolat Oy. The operations will become part of NoHo Partners as of 1 March 2025. Wanha Satama is 130 years old event house in Helsinki and it is possible arrange events up to 2,000 guests there. Wanha Satama hosts more than 45,000 visitors every year.
“Events are very profitable and compelling market for restaurant business. Wanha Satama is one of the oldest and the highest quality event venue in Helsinki and it supports NoHo Partners' already strong event venue portfolio by adding capacity and versatility. Wanha Satama is also an excellent addition to NoHo Partners’ large urban projects that include among others Nokia Arena in Tampere, Helsinki Expo and Convention Centre and Kulttuurikasarmi cultural centre located in central Helsinki”, says Jarno Suominen, CEO of NoHo Partners.
“I am delighted with this arrangement. Restaurant operations of Wanha Satama are an integral part of unforgettable and unique experiences, and crown a successful event. An experienced owner like NoHo Partners guarantees the development of operations in the future as well, bringing synergies in sales and ensuring the high quality”, tells Jussi Laakso, owner of Pro Ravintolat Oy.
Additional information
Jarno Suominen, CEO, jarno.suominen@noho.fi (Executive assistant Niina Kilpeläinen, tel. +358 50 413 8158)
Maria Koivula, Deputy CEO, tel. +358 50 366 2382
NoHo Partners Plc
NoHo Partners Plc is a Finnish group established in 1996, and it specialises in restaurant services being the creative innovator of the Northern European restaurant market. The company was listed in Nasdaq Helsinki in 2013 becoming the first Finnish listed restaurant company, and it has continued to grow strongly throughout its history.
The Group companies include some 300 restaurants in Finland, Denmark, Norway and Switzerland. The well-known restaurant concepts include Elite, Savoy, Teatteri, Sea Horse, Stefan’s Steakhouse, Palace, Löyly, Friends & Brgrs, Campingen, Cock’s & Cows and Holy Cow!. Depending on the season, NoHo Partners employs approx. 2,800 people converted into full-time employees, and in 2023, company’s turnover amounted to approx. MEUR 370. NoHo Partners’ vision is to be the leading restaurant operator in Northern Europe. More information is available at noho.fi/en.