NORDSEE GmbH
TypePrivate
IndustryRestaurants
Founded1896 (1896) in Bremen, Germany
FounderAdolf Vinnen
HeadquartersBremerhaven, Free Hanseatic City of Bremen, Germany
Number of locations
370 stores[1] (2020)
Area served
Europe
Middle East
Key people
Carsten Horn
Alessandro Preda
Kharis Capital
ProductsFast Food
Seafood
Revenue€354 million[1] (2016)
OwnerKharis Capital
QSRP - Quick Service Restaurant Plattform
Number of employees
6000[1] (2020)
Websitehttps://www.nordsee.com/en/
NORDSEE Restaurant in Braunschweig, Germany

NORDSEE is a German fast-food restaurant chain specialising in seafood. In addition to selling raw and smoked seafood, the company also sells a wide variety of meals and products prepared from seafood such as Fischbrötchen (fish sandwiches), salads, and canned seafood. The company formerly supplied its own seafood but has since sold the fishery.

History

Nordsee restaurant in Makariou Avenue, Nicosia, Cyprus

Nordsee was founded in 1896 as "German steam-fishery company Nordsee" (German: Deutsche Dampffischerei-Gesellschaft Nordsee) to supply seafood from the North Sea to the residents of Bremen.[2] In 1964 the company opened restaurant type retail shops offering meals prepared from seafood in addition to raw seafood. This concept, known as Nordsee Quick, was a huge success as nearly 300 shops opened within 2 years.[3] In 1998, the company sold the fishery division known as Deutsche See to allow for more focus towards seafood retailing. The new focus was demonstrated with the introduction of locations serving smaller, quicker takeout meals in the following year.

In 2005 the company was sold to Kamps Food Retail Investments and Nomura International.[4] The company underwent restructuring and experienced a growth in profits five times greater than expected in the first year.[5] In response to a new emerging market, the company introduced sushi and a number of other higher quality food products the following year and has begun to move into other sectors of the food industry with success.[5]

In October 2018, Nordsee was sold to Swiss investment fund Kharis Capital.[2][6]

Operations

Nordsee restaurants are usually located in populated areas such as city centers or near airports and train stations. The company focuses primarily on Germany and Austria but operates additional locations in the Czech Republic, Romania, Slovakia, Switzerland, Hungary, and more recently, Cyprus, the United Arab Emirates, Egypt, Bulgaria, Turkey and Russia. The company also operates in Belgium with another commercial name “Happy Fish”. In 2016, Nordsee achieved a revenue of over 350 million euros.[1][7] As of 2020, there are 370 Nordsee franchises operating in Europe and the Middle East.[1]

See also

References

  1. 1 2 3 4 5 "About Us". www.nordsee.com. Archived from the original on 3 February 2020. Retrieved 3 February 2020.
  2. 1 2 Hellmers, Boris (24 October 2019). "Wo und wie mit "Nordsee" alles angefangen hat" [Where and how everything begun with "Nordsee"]. buten un binnen (in German). Archived from the original on 3 February 2020. Retrieved 3 February 2020.
  3. ↑ "NORDSEE". Archived from the original on 30 January 2009. Retrieved 12 September 2009.
  4. ↑ "Apax to sell NORDSEE to Nomura International and Kamps Food Retail Investments". AltAccess. Archived from the original on 23 July 2012. Retrieved 12 September 2009.
  5. 1 2 "Nordsee delivers on profit promise" (PDF). IntraFish. Archived from the original (PDF) on 21 July 2011. Retrieved 12 September 2009.
  6. ↑ "German seafood chain Nordsee caught in labor firestorm". Intrafish. 29 October 2019. Retrieved 3 February 2020.
  7. ↑ Mereghetti, Matilde (7 June 2017). "Nordsee to launch new stores in northern Europe, eyes US expansion". Undercurrent News. Archived from the original on 3 February 2020. Retrieved 3 February 2020.
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