After private equity fund Directional Capital announced in the summer of 2024 that it planned to open more than 40 Pizza Hut restaurants in Denmark over five years, Pizza Hut declared bankruptcy in Denmark and therefore decided to close all 13 of its restaurants, according to the Danish news agency Ritzau, as reported by TV2 and local sources.
This was confirmed by the chain's manager for the Northern Europe region, Nina Ljungdahl, and Anders Hoffmann Königsfeldt, who is in charge at Pizza Hut restaurants, to the Helsingør Dagblad newspaper.
The bankruptcy decree was issued this morning, Thursday, and the decision includes all thirteen restaurants run by the same company, according to what lawyer Anders Hoffmann Königsfeldt told the media.
It was not possible to save the shops in Denmark
The trustee also told the newspaper that Pizza Hut in Sweden and England had applied for corporate restructuring, but that this was not possible in Denmark, which led the company to declare bankruptcy, he said, and that Pizza Hut would try to save its business in Sweden and Finland.
The restructuring is seen as an attempt to save the company's economy so that it can avoid bankruptcy, according to sources.
