Investor news NoHo Partners acquires the popular Sauna Restaurant Kuuma in Tampere, Finland NoHo Partners has acquired Sauna Restaurant Kuuma located in Tampere in central Finland. This unique success story combines the Finnish sauna Nordic kitchen and a beautiful lakeside scenery. 100% of the shares of the company to be acquired Lumo Laukontori Oy transfer into NoHo Partners’ ownership as of 1.6.2023. The seller in the transaction is the senior management of the company and Nordia Rahasto Oy. INVESTOR NEWS 27 APRIL 2023 AT 08:00 EET Established in 2018, Sauna Restaurant Kuuma is located in central Tampere by lake Pyhäjärvi. This year-around, public living room offers customers a comprehensive experience, including a restaurant focused on clean Nordic tastes, a café, a large terrasse area with a view to the lake, a traditional wood heated sauna and a modern smoke sauna, as well as an invigorating dipping pool in in the lake. The annual revenue of the restaurant is approximately MEUR 2,5. Restaurant experiences are part of a lively and diverse urban culture “When it comes to our restaurant portfolio, we look for classics that stand the test of time and trends. Sauna Restaurant Kuuma has quickly become a popular venue and a living room for the locals. The location of the restaurant right in the city centre on the Pyhäjärvi waterfront, friendly service and an approachable restaurant concept is a good, timeless recipe for success also in the future”, comments NoHo Partners’ CEO Aku Vikström. Additional information: Aku Vikström, CEO, tel. +358 44 235 7817 Jarno Suominen, Deputy CEO, tel. +358 40 721 5655 Kalle Lumio, Saunaravintola Kuuma, Chairman of the Board, tel. +358 40 737 1559 Distribution: Major media www.noho.fi/en NoHo Partners acquires the popular Sauna Restaurant Kuuma in Tampere, Finland Saunaravintola Kuuma
