DLA Piper advises Jensens Food Group A/S on sale to Funen investor group
After several years of declining sales, over summer this year the Jensens Bøfhus restaurant chain succeeded in generating a profit from operations as well as a marked increase in revenue and visitor numbers in the chain’s 32 restaurants. A group of lenders from Funen, who in the autumn of 2017 granted loans to the restaurant group, have now purchased all shares in and all liabilities of Jensens Food Group A/S from the previous sole owner Palle Skov Jensen.
DLA Piper Denmark advised Jensen Food Group A/S in connection with the transaction and the negotiation of a new capital structure as well as the future financing structure in connection with a turnaround process. The team consisted of Henrik Sjørslev, Michael Vinther, Peter Hedegaard Knudsen, Michael Holsting, Nina Wedsted and Søren Egeberg.
With the rearrangement of its financial and capital structure, Jensens Food Group A/S is now in an optimal position to make the most of this summer’s upturn.