2017-11-30 13:15:00 CET

2017-11-30 13:15:36 CET


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Kotipizza Group Oyj - Other information disclosed according to the rules of the Exchange

Kotipizza Group Oyj: Kotipizza Group acquires majority of shares in Social Food Street Burgerjoint


Kotipizza Group Oyj
Stock exchange release, 30 November 2017 at 2.15pm
Kotipizza Group acquires majority of shares in Social Food Street Burgerjoint

Kotipizza Group has acquired a 51 per cent stake in Day After Day Oy. The
company operates the Social Food Street Burgerjoint restaurant in the Sörnäinen
district of Helsinki and a food truck operating under the name Social Food.

Mika "Pikkis" Tuomonen and Herkko Volanen will continue as minority stakeholders
in Day After Day Oy and as restaurateurs of Social Food Street Burgerjoint. Mika
Tuomonen is known as the winner of the 2012 MasterChef Finland competition.

"The burger, and particularly the premium burger, market continues to grow
everywhere in Finland. Social Burger has quickly established itself as the best
and the most successful premium burger restaurant in Helsinki by emphasizing
quality and responsibility, and by also offering vegetarian options. There is
demand everywhere in Finland for just this kind of a chain with a passion for
burgers", says Tommi Tervanen, CEO of the Kotipizza Group.

The Social Food food truck has operated at various events since 2013 and the
Social Food Street Burgerjoint restaurant has operated in Helsinki since January
2016. Day After Day Oy is contracted to open a new restaurant at the Redi
shopping center which is set to open in Kalasatama, Helsinki in 2018.

"It has been clear to us from the beginning that we want to build Social Burger
into the first nationwide premium burger chain in Finland. It has also become
clear that Kotipizza Group is exactly the right, strong partner for us. We share
the same passion and the same values based on corporate responsibility", says
Mika Tuomonen, Creative Director and The Burgermeister of Day After Day Oy.

For more information:
Tommi Tervanen, CEO, Kotipizza Group Oyj
tel. +358 207 716 743

Timo Pirskanen, CFO and Deputy to the CEO, Kotipizza Group Oyj
tel. +358 207 716 747

Herkko Volanen, COO and Commander-in-Beef, Day After Day Oy
tel. +358 45 111 7920

Mika Tuomonen, Creative Director and The Burgermeister, Day After Day Oy
tel. +358 44 275 1336

Kotipizza Group in brief
Kotipizza is a Finnish pizza chain founded in 1987. At the end of financial year
2016, the  number of restaurants  stood at 257. In  the financial year 2016, the
total sales of Kotipizza restaurants amounted to EUR 89.9 million. The Kotipizza
chain is part of the Kotipizza Group, alongside the supply and logistics company
Helsinki  Foodstock Oy and Chalupa Oy that operates the Mexican-style restaurant
chain Chalupa, launched in 2015.
In the financial year 2016, Helsinki Foodstock had net sales of EUR 53.2 million
and  the total sales of  Chalupa restaurants were EUR  1,04 million. In the same
period,  the Kotipizza Group had net sales of EUR 66.6 million with a comparable
EBITDA of EUR 6.73 million.




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