Food and Drink

EG Group acquires Leon in £100m deal

Following the acquisition, the company intends to invest in the brand and open around 20 new sites per year from 2022

The EG Group, owned by billionaire brothers Mohsin and Zuber Issa, has announced the acquisition of all 70 Leon restaurants in a £100m deal.

The group, which recently acquired a majority stake in Asda, said the acquisition will complement EG’s existing 700 foodservice outlets in the UK and Ireland of which 310 operate from standalone premises.

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