Transaction

Bone's merger with Jensens Bøfhus

Transaction

Bone's merger with Jensens Bøfhus

Sell-side

Undisclosed

Role

Adviser to the owners of Bone's on its merger with Jensens Bøfhus

Sector

Consumer

Region

Denmark

We have advised the owners of Bone's on its merger with Jensens Bøfhus. The transaction merged two iconic Danish restaurant chains into one group.  

Since the 1990s, Jensens Bøfhus has been a prominent Danish family-friendly restaurant concept. Bone's has become one of the leading restaurant chains in Denmark, with a focus on informal family experiences and good, high-quality food. Since 1990, Bone’s has operated its chain of American-inspired, informal restaurants throughout Denmark.  

Selfinvest is a family-owned holding and investment company, and is also the parent company of the global USTC group, with more than 160 offices in 38 countries and more than 4,500 employees worldwide.  

Jensens Bøfhus was acquired by a group of investors from Funen in 2018, and in recent years, the ownership circle has consisted of Selfinvest and a private investor, who will withdraw completely from ownership in connection with the sale, while Selfinvest will become a minority shareholder in Bone's. 

The new group will comprise 39 restaurants and create more than 2,000 jobs in Denmark, while also opening up the possibility of a new and exciting Danish chain concept.

Bones 1

Jensens Bøfhus has done a lot to encourage Danish people to eat out, and we look forward to building on that legacy. The collaboration with Selfinvest also gives us extra strength to grow further and bring our concepts to even more Danes, and I am convinced that it will strengthen the Bone's brand in the coming years.

Jan Laursen, Director and Co-owner, Bone’s

We are seeing a strong trend in the European restaurant market towards larger, professional chains with skilled teams and clear concepts, where the interaction between people, economies of scale, and brand becomes a key competitive factor. It has been a great pleasure to advise the owners of Bone's on this iconic transaction with Jensen's Bøfhus. For decades, Jensen's Bøfhus has held a special place in the hearts of many Danes and deserves recognition for promoting family-friendly dining experiences in Denmark. It is with the respect for this legacy that Bone's is now taking over the operation of Jensen's Bøfhus, together with the existing owners and Selfinvest.

Kasper Svold, partner, Clearwater

Advisers

Transactions