Tortilla, the largest fast-casual Mexican restaurant group in the UK and Europe has secured £11.135m in bank financing from Santander Corporate Banking. The debt facility, alongside Tortilla’s previous investment from Quilvest Private Equity provides the company with unparalleled financing amongst the UK’s expanding fast-casual Mexican operators. Funding to around 45 … [Read more...]
‘Terrific potential scale’ for continued Loungers expansion
Loungers, the Bristol based all-day café/bar operator, has opened its 54th site, Bonzo Lounge, in Keynsham (near Bristol) following a £500k investment. The 4,800 sq ft site is located in the redevelopment of Keynsham’s town centre and includes an 80-seater terrace. 20 sites to open in 2015 The group, who will open a further 2 sites in December in Stroud and Peterborough, … [Read more...]
Glasgow restaurant heads PAPA Award Winners
An independent Glasgow restaurant is best for pizza in this year’s Pizza, Pasta and Italian Food Association (PAPA) Awards recognising the best in the Italian Food industry. The UK’s finest Independent Pizza Restaurant is Bella Napoli in Glasgow and the best Independent Italian Restaurant is Tamburino in Yeovil. The Pizza Restaurant Chain Award went to Pizza Hut following a … [Read more...]
Brakes and Fresh Direct announce all-in-one fresh food company
Fresh Direct and Bain Capital, the owners of Brakes are delighted to announce a new Company that will bring together three of Bain’s fresh food businesses – M&J Seafood, Pauleys and Wild Harvest – with Fresh Direct. The new company will be jointly owned by Bain Capital & Nigel Harris. Current Fresh Direct owners, Nigel & Colin Harris will continue to take an … [Read more...]
Preferred Hotel Group welcomes five new hotels in London
Preferred Hotel Group continues to expand its London portfolio of independent luxury properties, adding five new member hotels for travellers looking to enjoy memorable stays in the capital. A mix of internationally renowned hotels and highly anticipated new launches in prestigious locales, The Stafford London, The Beaumont Hotel, Hotel Xenia, The Bentley London, and The … [Read more...]