Frankis Group Oyj : Frankis Group changes its name to Kotipizza Group 6 March 2015

Frankis Group changes its name to Kotipizza Group
Helsinki 6 March 2015, 9.00 am (GMT+2)
Frankis Group Oyj, the parent company of the Kotipizza chain, is changing its
name to Kotipizza Group Oyj. The group will in the future have an even stronger
focus in the development of new franchising restaurant chains. The first new
chain is scheduled to be established this year.
The group consists of Kotipizza Oyj, a company operating the largest pizza chain
in Finland, and Helsinki Foodstock Oy, a company specialising in wholesale to
franchising restaurant chains. Kotipizza Group plans to focus on developing new
restaurant concepts alongside the Kotipizza chain.
"The biggest trend in the international restaurant business is fast casual,
where, as in Kotipizza, the focus is on serving a reasonably priced, but more
authentic and higher-quality eating experience as compared to traditional fast
food", Kotipizza Group CEO Tommi Tervanen says.
"We believe that more and more Finns will in a restaurant want to eat a tasty
meal produced responsibly with real ingredients but costing ten euros. With
Kotipizza's know-how in franchising and with Helsinki Foodstock's efficient
logistics, we have a unique opportunity to develop new fast casual restaurant
chains and concepts for the Finnish market",
First new chain to be established this year
Kotipizza Group has signed a letter of intent to start its first new restaurant
chain and plans to open the chains first restaurant in Helsinki within this
year. Kotipizza is also opening a new research and development facility in
Helsinki, which will serve the product development of both Kotipizza and the
development of the new restaurant concepts.
Kotipizza Groups registered offices are located in Helsinki. Kotipizza Oyj's
previous registered office in Vaasa will be closed in June.

More information:
Kotipizza Group Oyj, CEO Tommi Tervanen, tel. +358 207 716 743,
tommi.tervanen@kotipizzagroup.com
Kotipizza
Kotipizza is a Finnish pizza chain, which was founded in 1987. It has 261
restaurants at the moment. In 2014 the sales of Kotipizza restaurants was 70.2
million euros. More than 99 percent of Finland's Kotipizza restaurants are run
by independent franchisees. Franchisee is given a tested and profitable business
idea and product, and brand, knowhow and other advantages of co-operating with
the chain.
Kotipizza Group Oyj
Kotipizza Group Oyj consists of Helsinki Foodstock Oy and Kotipizza Oyj. The
main owner of Kotipizza Group Oyj is funds managed by Sentica Partners Oy.

[HUG#1899971]