The Restaurant Group
This compiles our reporting on The Restaurant Group (TRG), operator of prominent UK brands including Wagamama, Frankie & Benny’s, and Brunning & Price. We cover TRG’s strategic decisions, financial performance, brand portfolio changes, executive leadership moves, site rationalisation, and growth initiatives. Our analysis offers critical insight for restaurant operators, F&B executives, and hospitality professionals tracking the direction of one of the UK’s most influential multi-brand operators in casual dining and pub restaurants.
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Apr- 2024 -12 AprilRestaurants
Six By Nico announces Oxford opening
Restaurant group Six by Nico has announced it will be opening a new restaurant in Westgate Oxford on Wednesday 22 May, which will be its fifteenth restaurant across the UK. Founded by chef Nico Simeone, Six by Nico is known for its six-course tasting menu that changes every six weeks,…
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3 AprilNews
Chotto Matte to open in Manchester in 2025
Japanese-Peruvian restaurant group Chotto Matte will launch their first restaurant in Manchester in early 2025. The new culinary destination will occupy the 20,000 sq ft rooftop at the St Michael’s development, overlooking Manchester’s Town Hall. The restaurant will feature an interior design scheme by designer Andy Martin who has collaborated…
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Mar- 2024 -25 MarchNews
Today’s news in brief – 25/03/24
Gail’s owner, Bread Holdings, is readying for a potential sale for more than £200m, according to Sky News. The news comes as Gail’s, which is also part-owned by Risk Capital Partners, has grown rapidly after Bread Holdings acquired it in September 2021. According to sources, a formal sale process is…
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25 MarchRestaurants
Al Dente announces new opening
Al Dente has announced the opening of its new restaurant in Angel, marking its fifth location in London. The restaurant chain is set to launch the new eatery in April 2024, following a string of successful openings that began in 2018. Following the opening in Angel, Al Dente aims to…
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22 MarchPeople
RedCat appoints new director of F&B and area manager
RedCat Pub Company has announced the appointment of David Peevers as the new director of Food and Beverage, and James Killick as area manager within the operations team, effective from 25 March. Peevers, who takes up a newly-created role at the group, has extensive experience in the hospitality industry, particularly…
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Jan- 2024 -24 JanuaryRestaurants
Big Table Group appoints new Banana Tree managing director
UK hospitality group The Big Table Group has appointed Kate Wilton as Banana Tree’s new managing director. The news comes after Anne Chow, current managing director, announced that she is stepping down from her role after 28 years with the business. Wilton will take up her new role at the…
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Nov- 2023 -28 NovemberNews
TRG shareholders approve £506m Apollo deal
The Restaurant Group shareholders have formally voted in favour of the company sale to US-based private equity company Apollo Global Management for £506m. During a general meeting held yesterday (27 November), 93.5% of shareholders voted in favour of the cash acquisition of the group, which includes Wagamama and the pub…
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7 NovemberNews
Today’s news in brief – 07/11/23
Oakman Inns reported an EBITDA drop from £11m to £9.8m for the year ended June 2023 due to the impact of inflation. Despite this, the group’s sales were 8% higher than the previous year, totaling just under £70m, as like-for-like sales for the core Oakman Inns business increased by 4.1%.…
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7 NovemberRestaurants
Pizza Express owner decides againt The Restaurant Group bid
Pizza Express owner, Wheel Topco, will not make a bid for The Restaurant Group (TRG) due to “market conditions” it has confirmed. Last month, TRG confirmed that Wheel Topco had requested diligence information to evaluate a possible offer for its competitor. This move comes after TRG agreed to be bought…
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Oct- 2023 -31 OctoberNews
Today’s news in brief – 31/10/23
Wheel Topco, which is considering a bid for The Restaurant Group, is working with Goldman Sachs on this potential deal. The move would be an attempt to disrupt TRG’s planned takeover by Apollo Global Management. The Pizza Express owner has reportedly been in discussions with TRG’s board about a potential…
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