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By M&C Report team2012-02-13T09:21:00+00:00
Bridgepoint is poised to take a significant stake in Itsu, in a deal which would value the business at £100m, Sky News has reported.
Itsu’s chief executive Ganan Kanagathurai is relatively mild-mannered compared to the gregarious, outsized personality of the group’s founder, Julian Metcalfe, which might explain why his promotion more than a year ago slipped under the radar.
Itsu is to open its first franchise UK franchise site later this year, as well as its first in Europe, as the business looks to expand its footprint in this country and internationally, chief executive Ganan Kanagathurai has told MCA.
Tampopo founder David Fox has revealed he has been taken to court by a landlord, despite the enforcement moratorium, and ongoing negotiations over the arrears.
Whitbread is opening two new Beefeater restaurants, in Saffron Walden and Hamilton, Glasgow, at new-build Premier Inn properties.
Electra Private Equity has announced that Hostmore plc is the name of the new parent company for its hospitality brands TGI Fridays and 63rd+1st.
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