All Gaucho articles – Page 4
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OpinionInside track: I’ll get my Cote
A buried paragraph at the end of a story on GBK facing a CVA, suggested that Cote was exploring a possible merger and had held early talks about a tie-up with a listed company. Mark Wingett looks at what listed company would be a good fit for the French restaurant chain. He also explores what went wrong at GBK and why Gaucho’s new owners have swapped Meakin for Martin (Williams)
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NewsGaucho to be acquired by Investec and SC Lowy
Deloitte, the administrators of Gaucho, have confirmed the sale of the steak restaurant chain to a new vehicle created and owned by the company’s lenders, Investec and SC Lowy.
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NewsGaucho set to name new CEO
Deloitte, the administrators of Gaucho, are set to announce later this morning that Oliver Meakin, the steakhouse chain’s chief executive since the start of the year, has left the business, MCA has learnt.
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NewsBanarse swaps Gaucho for Wahaca
Suresh Banarse, the global HR director for the Gaucho group, is leaving to join Wahaca as people director, MCA understands.
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NewsHong Kong-based bank takes Gaucho position
SC Lowy, Hong Kong-based boutique investment bank, is believed to have taken a position in Gaucho, which was placed into administration last month.
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NewsEx-Gaucho MD joins Prime Steak & Grill
Tracey Matthews, the former managing director of Gaucho Group, has joined the currently three-strong Prime Steak & Grill brand as chief operating officer.
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NewsGaucho introduces new £60 brunches
Gaucho has added to its themed brunch offering with two new concepts – Balearic Brunch and Acoustic Brunch.
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NewsTalks continue over Gaucho
Talks are continuing over the future of premium steak chain Gaucho, with speculation that a debt-for-equity swap has now become one of the options being explored
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NewsJohnson linked to Gaucho bid
Serial sector investor Luke Johnson is the latest name to be linked with a bid for Gaucho, the premium, steak restaurant chain, which was placed into administration last month.
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NewsCarlyle makes bid for Gaucho
Carlyle, the US private equity firm, has made a bid to buy Gaucho out of administration, Sky News reports.
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NewsBids due for Gaucho
Final bids for Gaucho, the premium, steak restaurant chain, are expected to be made later today
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NewsCAU stores to close immediately; Gaucho in administration
Deloitte has been confirmed as administrators for Gaucho Grill Limited, Gioma (UK) Limited and CAU Restaurants Limited, with all 22 CAU restaurants to close with immediate effect resulting in approximately 540 redundancies.
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NewsGaucho on brink of administration
Gaucho, the steak restaurant chain, is set to enter administration after its lenders opted not to pursue a rescue deal.
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NewsGaucho pressed to pay outstanding tax bill
Gaucho has been pressed by HMRC to pay an outstanding tax bill more than £1m later today, it has been reported by Sky News.
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NewsGodik among bidders for Gaucho
Gaucho Group founder Zeev Godik is believed to be amongst the bidders for his former business, MCA has learnt.
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NewsBids due for Gaucho
Final bids for the whole or parts of the Gaucho business are due next week, with specialist turnaround investment vehicles believed to amongst its suitors, MCA understands.
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NewsAll options now on the table for Gaucho
Speculation over the Gaucho business has intensified after it was revealed the company is now considering all options, including a sale of its entire business, just two weeks after hiring advisors to examine whether to close or sell its underperforming 22-strong CAU brand.
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NewsGaucho appoints KPMG to assess options for CAU
CAU, the casual dining brand from Gaucho, has appointed KPMG to assess its options, which is expected to lead to closures or conversions of the brand.
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Tracey Matthews steps down as Gaucho MD
Tracey Matthews is to step down from her role as Gaucho managing director to pursue new opportunities.
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OpinionSaddled with a tough task
Asked last year what book he had read that had inspired him, Oliver Meakin, the incoming, new chief executive of Gaucho and CAU picked Jack Welch’s 4E’s of Leadership. Speaking about why the book resonated with him he said: “as a leader, I believe it is important to have huge energy, to be able to energise an organisation, to be able to execute and have the edge to make the tough decisions”. Within his new role, he will need to call on all three of those principles