NoHo Partners Plc, Investor news, 5 May 2025 at 15:30 EET

NoHo Partners acquires the Danish restaurant chain Halifax Burgers

NoHo Partners has acquired the majority stake of 65 % in the Danish restaurant chain Halifax Burgers, which includes 11 restaurants in Denmark. The operations of Halifax Burgers will be reported as part of NoHo Partners as of 1 May 2025. The company's founders, Peter Ahn and Ulrich Dehler, will remain as minority shareholders of Halifax Burgers, with Ahn also continuing in the company's operational management, reporting to Daniel Vesti Knuttel, NoHo Partners' Country Director in Denmark.

"The acquisition of Halifax Burgers is a significant step in international investment activities in line with our strategy and enhances our market position in Denmark. The concept of the restaurants has proven its scalability and the operations are on a stable basis. Thanks to our strong operational expertise, we can further accelerate Halifax Burgers' growth and profitability. At the same time, cooperation with founding partners enhances knowledge of the local market. We also see significant profitability-enhancing synergies between Halifax Burgers and Cocks & Cows, which is already a part of our portfolio in Denmark", says Jarno Suominen, CEO of NoHo Partners. 

Halifax Burgers was founded in 2007, being the first high-quality sit-down burger concept in Denmark. The annual revenue of the company in 2024 was MEUR 14.

Additional information
Jarno Suominen, CEO, jarno.suominen@noho.fi (Executive assistant Niina Kilpeläinen, tel. +358 50 413 8158)
Jarno Vilponen, CFO, tel. +358 40 721 9376
Sanna Sandvall, Head of IR & Communications, tel. +358 40 760 0794

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 250 restaurants in Finland, Denmark and Norway. The well-known restaurant concepts include Elite, Savoy, Teatteri, Sea Horse, Stefan's Steakhouse, Palace, Löyly, Strindberg, Campingen and Cock's & Cows. Depending on the season, NoHo Partners employs approx. 2,800 people converted into full-time employees, and in 2024, Group's turnover amounted to approx. MEUR 430. Additionally, NoHo Partners acts as an active investor in Better Burger Society Group with a holding of over 50%. The well-known brands of Better Burger Society, that operates in the growing European premium burger market, are Friends&Brgrs and Holy Cow!. NoHo Partners' vision is to be the leading restaurant operator in Northern Europe. More information is available at noho.fi/en.