Cantaloupe Group, the restaurant and bar operator led by Richard Bigg, has formed a separate company for its Camino brand, with Mark Derry, chief executive of Brasserie Blanc becoming non-executive chairman, M&C Report has learnt. The launch of the separate company, in which Derry is believed to have invested, comes as the group is looking to add further sites to the two-strong brand. It currently has sites operating under the tapas-based restaurant and bar format in London’s Kings Cross and Canary Wharf, but is thought to be close to securing a third location in the capital. Cantaloupe Group also operates three sites under the Big Chill brand and a sherry bar called Bar Pepito opposite the King’s Cross Camino. It sold its Cargo and Market Place sites and sold its stake in the Big Chill Festival during 2010, leading to a pre-tax loss of £1.019m in its previous financial year. The group also carried out a £200,000 revamp of its Big Chill House in King’s Cross during the year. It acquired the freehold of the site from Punch Taverns for a seven-figure sum. Projected turnover to end November 2011 for the Camino group is estimated at £4m, with Ebitda of £600,000. Big Chill group turnover is projected at £4.5m with Ebitda of £900,000 for the same period.