Crawley

D&D London owners complete TGIF acquisition

TGI Fridays has been acquired by D&D London owners Breal Capital and Calveton UK through its acquisition vehicle Liberty Bar and Restaurant Group Limited for an undisclosed sum. The sale, which is based on 51 restaurants, should secure the future of more than 2,000 jobs across those restaurants. Breal Capital…

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Wingstop UK opens 50th site amid ongoing expansion plans

Wingstop UK has opened its fiftieth UK site in Bolton, amid plans to expand its already growing portfolio, with six more locations planned for the remainder of the year. The group has already opened 11 sites this year alone.The new Bolton site, located in the UK’s largest retail park, will…

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What is happening in the restaurant sector : Part two

We have previously presented and discussed the struggles within the restaurant sector, focusing on the high street chains. At the time, some of the biggest chains were reporting closures, profit losses and underwhelming performances with the trend having continued over the summer.   Just last month, the MCA launched The…

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Lemongrass Group looks for equity partner for continued growth

The award winning Lemongrass Group has announced it is seeking a business partner following the opening of its 13th branch. The company, which makes a profit of £15,000 per month per site, will listen to offers for up to 50% of the company from the right partner. Expansion until now…

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