Advising on the acquisition of Burger King in Scandinavia

Article • Corporate Law & Transactions from Roman Rericha, Markus Arzt

Vienna, October 28, 2020 - "Ring" International Holding AG ("Ring") acquires Burger King's franchise business in Norway, Sweden and Denmark from Umoe Restaurant AS.

Umoe Restaurants AS is the Scandinavian franchise partner of the renowned fast food brand Burger King (a brand owned by Restaurant Brands International), headquartered in Norway. Through its subsidiary BK Scandinavia and its operating companies in Norway, Sweden and Denmark, Umoe and its sub-franchisees operate a large number of Burger King restaurants throughout Scandinavia. Ring is now acquiring Umoe’s stake in Burger King Scandinavia – the closing of the transaction is still subject to customary conditions and is expected to be completed in Q4/2020.

The Brandl & Talos team – led by Roman Rericha and Markus Arzt and supported by Christina Bernhart and Adrian Zuschmann – acted as lead counsel to its long-standing client throughout the transaction and coordinated local counsel in Norway (Wikborg | Rein), Sweden (Cirio) and Denmark (Bruun & Hjejle). In addition, Ring was supported by investment advisor Optimizer AG (Sascha Kroissenbrunner) and in financial and tax structuring matters by EY (Andreas Sauer).

Umoe Restaurants was advised by BAHR (Norway).

» We are honored to be involved in this exciting transaction for our valued client, Ring, and are looking forward to continuing to support the future growth of Burger King's newly acquired franchise business. «
Roman Rericha
The team
Roman Rericha
Partner / Fund Formation, Venture Capital & Start Ups, Corporate Law & Transactions
Roman represents clients in complex cross-border M&A and private equity transactions. Austrian and international venture capital funds regularly turn to him for assisting with investments in Austria. His expert advice also guides start-ups through large-scale financing rounds.

University of Vienna, Faculty of Law (Mag. iur. 2005),
Faculty of Business, Economics and Statistics, (Mag. rer.soc.oec. 2007)
Markus Arzt
Attorney at Law / Fund Formation, Capital Markets, Venture Capital & Start Ups, Corporate Law & Transactions
In recent years, Markus has spearheaded various large international transactions and is a respected venture capital and private equity expert.

University of Vienna, Faculty of Law (Mag. iur. 2012)