The financier, which just recently obtained Italian-restaurant group Big Mammahas actually purchased the 27-strong Denmark-born organization, which runs 12 dining establishments in Denmark, 12 in the UK and 3 in Germany.
The business has 1,500 workers and in the year ending June 2023 created ₤ 90m of profits.
The financial investment is being made in collaboration with Polaris Flexible Capital, led by partners Jesper Langmack and Kent Brovn Arp and marks completion of 10 years of ownership by Maj Invest, which given that 2013 has actually assisted move Sticks ‘n’ Sushi from a family-run service to a widely known brand name in Europe.
Andreas Karlsson has actually been with the group because 2011, managing its growth into the UK before taking control of the management in 2019 and will continue to lead Sticks ‘n’ Sushi into its next chapter of development.
“The contract marks a brand-new chapter for Sticks ‘n’ Sushi,” states Sticks ‘n’ Sushi CEO Andreas Karlsson.
“McWin concurs with the method we provided and shares our aspirations for the business. We will accelerate our development in our existing markets– the UK, Denmark and Germany, however will likewise get in entirely brand-new markets over the next 5 years. We see numerous chances emerging with markets like France and DACH being leading concerns for us.”
“Sticks ‘n’ Sushi has actually broadened effectively under Maj Invest’s stewardship given that 2013 and McWin’s proficiency in the dining establishment market makes them a perfect partner to assist bring the business to the next level.
“Their performance history in the dining establishment market promotes itself, and they have actually shown time and time once again that they can produce healthy development. We are continuously taking a look at optimising our own procedures and innovations– and here we can make a great deal of development with McWin as a partner.”
Sticks ‘n’ Sushi was established in Denmark in 1994 by Thor Andersen, Kim Rahbek Hansen and Jens Rahbek Hansen. Karlsson has actually been with the group given that 2011, supervising its growth into the UK before taking control of the management in 2019. He will continue to lead Sticks ‘n’ Sushi into its next chapter of development.
“I have actually been following the success of Sticks ‘n’ Sushi for the last 15 years and their constant and positive growth both in and beyond Denmark,” states Henry McGovern, co-founding partner at McWin.
“We are happy to sign up with forces with Andreas on the next leg of development. This brand name has a great deal of capacity, and I can’t wait to see what we can accomplish.”
Harry Goss, partner and head of foodservice at McWin, includes: “We think that dining establishment clients are looking for quality food at a reasonable rate, excellent service and an experience when they eat in restaurants. Sticks ‘n’ Sushi provides this in spades.
“Paramount to the additional advancement of business is supporting the culture, the worths and individuals which have actually made the success to date possible. Andreas and the creators of Sticks ‘n’ Sushi have actually developed an unique brand name and business.”
“The basics are plainly in location for more development both in brand-new and current markets.”