Recommended voluntary public cash offer to Kotipizza Group Oyj (FI) shareholders by Orkla ASA (NO) — Equity value EUR 146 million

Carnegie acted as the sole financial adviser to Orkla in the recommended voluntary public cash offer to Kotipizza Group shareholders. Kotipizza Group is a leading player in the Finnish restaurant market, and best known for its Kotipizza restaurant chain. Additionally, Kotipizza Group consists of the supply and logistics company Helsinki Foodstock Oy, Mexican-style restaurant chain Chalupa, Social Burgerjoint restaurant chain and No Pizza restaurant concept. January 2019.