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Boparan completes Carluccio’s acquisition

By James Russell: Boparan completes Carluccio’s acquisition

May 22, 2020

Acquisition of Carluccio’s completed

Boparan Restaurant Group earlier this morning confirmed the acquisition of Carluccio’s including 30 trading sites. The move was expected as we reported earlier this week and saves more than 800 jobs.

Boparan Restaurant Group already operate many well known restaurant brands including… Cinnamon – Fishworks – Slim Chickens- Giraffe and Ed’s Easy Diner.

Boparan Restaurant Group will also take on Carluccio’s franchise partnership in the UAE and Qatar.

Satnam Leihal, Managing Director of BRG commented: “We welcome Carluccio’s colleagues to BRG. This acquisition is in line with our strategy to grow our restaurant group with quality brands.

“Whilst it is an extremely challenging time for the sector, we believe quality hospitality businesses will recover in the long term as people return to eating out.”

The full scope of the deal has not been detailed yet, but it seems that as well as the 30 trading sites the deal includes head office. Unfortunately as many as 40 outlets could now face permanent closure, which would see around 1,000 more job losses.

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