EY-Parthenon advises Fursetgruppen in the minority sale to NorgesGruppen

On 10 June 2026, it was announced that EY-Parthenon acted as exclusive financial advisor to Bjørn Tore Furset AS and Aragorn AS – owned by Bjørn Tore Furset and Gjøran Sæther, respectively (together, the “Shareholders”) – in the sale of a 35% stake in Fursetgruppen AS (the “Company”) to NorgesGruppen Servicehandel AS (“NGS”).

Fursetgruppen is a leading Norwegian food and hospitality group operating fine dining restaurants, canteens, catering, and event venues. Founded in 1997, the Company today has roughly 700 employees, with close to 25 restaurants, and a range of canteens and event venues, delivering premium culinary experiences across the Greater Oslo Region.

NorgesGruppen ASA is a leading Norwegian retail group with nationwide operations across grocery retail, wholesale distribution, and service trade. NGS is a subsidiary of NorgesGruppen, responsible for the ownership, development and operation of attractive concepts within convenience food and beverage solutions, totaling over 400 outlets.

The transaction marks the launch of a long-term strategic partnership between Fursetgruppen and NorgesGruppen. In extension, the parties are establishing a separate joint venture to support future collaboration within restaurants, canteens, and catering. Bjørn Tore Furset will continue as majority owner and Chairman of Fursetgruppen, alongside CEO Gjøran Sæther.

EY-Parthenon would like to thank the Shareholders for their continued trust throughout the process, and congratulate all parties involved on a successful transaction.

The transaction is subject to final approvals from the Norwegian Competition Authority.

Read more about the transaction.

The deal team comprised of: Corporate Finance: Ole Conrad Siem (EP) and Emi Mataev.

Below you can find a selection of EY's recent deal alerts and you can also find a more extensive list on our Transactions and Corporate Finance by EY-Parthenon page.