We are pleased to announce that MFW Fiałek has advised Orkla ASA on the acquisition of shares in the Da Grasso pizzeria chain.
Our advice
The transaction, in addition to the acquisition of the shares, includes the reinvestment of the existing Da Grasso shareholders in a holding company that is Da Grasso’s sole owner.
The MFW Fiałek’s advice includes comprehensive transactional support i.e., among others, carrying out the due diligence review, structuring the transaction, drafting and negotiating the transaction documents, conducting the transaction signing and closing as well as preparing the application to and participating in the proceedings before the President of the Office for Competition and Consumer Protection.
Mirosław Fiałek – Partner led the project and managed our work with the support of Rafał Siemieniec – Counsel. The MFW Fiałek’s team also included Mateusz Mazurkiewicz – Senior Associate, Grzegorz Policht – Associate, Paweł Siwiec – Associate, Wojciech Lichterowicz – Associate, Mateusz Więckowski – Associate and Adrianna Kłoda-Szczesna – Junior Associate.
Parties of the transaction
Orkla ASA is a Norwegian conglomerate with its head office is in Oslo operating in the Nordic region, Eastern Europe, Asia and the USA. At present, Orkla operates in the branded consumer goods, aluminium solutions and financial investments sectors. Orkla ASA is listed on the Oslo Stock Exchange. As at 31 December 2021 Orkla had 21,423 employees. The Group’s turnover in 2021 totalled NOK 50.4 billion.
Da Grasso is a Polish chain of restaurants specialising in Italian cuisine, in particular pizza. The first Da Grasso pizzeria was established in 1996 in Łódź. By 2021 the chain had more than 200 outlets in nearly 150 Polish cities, the highest number of any pizzeria chain present in Poland. The chain’s locations operate on a franchise basis.