Press release 6 March 2015, 9.00 am (GMT+2) Frankis Group changes its name to Kotipizza Group 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, [email protected] 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. .