Coco di Mama

Azzurri Group considering sale options

The Azzurri Group is reportedly working alongside advisors in a bid to find a potential buyer for the restaurant giant, according to Sky News.  The parent group of Ask Italian and Zizzi, which is currently owned by private equity firm Bridgepoint, is now in the process of contacting prospective bidders…

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Azzurri Group drafts in advisors

Azzurri Group has reportedly drafted in KPMG as advisors to help the hospitality giant navigate the ongoing coronavirus crisis.  According to The Sunday Times, the owner of Zizzi and Ask Italian has become the latest casual dining chain to draft in restructuring experts, following news that both Wahaca, Gourmet Burger…

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Zizzi owner reports 7% increase in total sales

The Azzurri Group, the parent company of Zizzi, Ask Italian, Radio Alice and Coco di Mama, has reported an increase of 7% in total sales to £299.4m. According to the groups financial reports for the 52 weeks to 30 June 2019, the group  experienced a 3% increase in EBITDA to…

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Spotlight: Restaurant chains defying the high street downturn

Pizza Express Pizza Express has been a mainstay on the UK highstreet since it was founded in 1965. In spite of a fairly saturated Italian dining scene the brand has maintained its presence where a majority of its competitors have struggled, including Jamie’s Italian, Prezzo and Carluccio’s. One of the…

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Pod sold to ASK Italian owner in pre-pack administration

Pod Food Limited has been sold to Azzurri Group, owner of the ASK Italian, Zizzi, Coco di Mama and Radio Alice brands. The sale was via a pre-pack administration after Damian Webb and Allan Kelly of RSM Restructuring Advisory LLP were appointed administrators of Pod Food Limited on the 21…

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