McDonald’s Sells Nordic restaurants
Baker McKenzie’s Stockholm office advised McDonald’s on its share sale and purchase agreement and the Master Franchise Agreement with Mr. Guy Hands to operate and develop McDonald’s Restaurants in the Nordic markets as the Developmental Licensee.
McDonald’s is the world's leading global foodservice retailer with over 36,000 locations in over 100 countries. The Nordic countries consist of approximately 435 McDonald’s restaurants, of which more than 95% are franchised, and is the clear number one QSR (Quick Service Restaurant) operator in the region.
The deal is expected to close around the end of Q1 2017.
Baker McKenzie’s team is led by Costin Mihailescu and Sten Bauer with assistance of Sofia Törnroth Nyberg and Linda Lingebrand.
Roschier advises Guy Hands in connection with legal aspects of the transaction.
More information about the transaction: www. http://news.mcdonalds.se/se/news-stories/2017/McDonald-s-Corporation-Forms-Strategic-Partnership..