ao link

You are viewing 1 of your 2 articles

To continue reading register for free, or if you’re already a member login

 

Register  Login

Bella Italia and Cafe Rouge hardest hit as Casual Dining Group closes 91 sites

Casual Dining Group (CDG) which operates restaurant brands including Bella Italia, Cafe Rouge and Las Iguanas, has announced it will permanently close 91 of its 250 sites with immediate effect and has appointed Alix Partners as administrators ahead of an anticipated sale.

 

The group said that, regrettably, the closures would mean a number of redundancies across the business, affecting 1,909 staff from a staff base of 5,959.

 

Restaurants that will close include Belgo sites in Nottingham, Covent Garden and London's Kingsway, 34 Bella Italia sites across the UK, and 31 Café Rouge sites including those in Woking, Blackheath and Leicester.

 

James Spragg, chief executive of CDG, said that after reviewing all options with advisers, the group needed to take the necessary action in order to protect the business and secure the best possible future in the run up to an eventual sale.

 

He added: “We are acutely aware of our duty to all employees and recognise that this is an incredibly difficult time for them. Working alongside the administrators we will do everything we can to support them through this process with a view to preserving as much employment as we are able to.”

 

The group confirmed that its board and its advisers had received “multiple offers” for the business of which the administrators were now seeking to progress.

 

Image: Shutterstock

Newsletter sign up

Stay informed with all the latest

Newsletter Sign Up

Stay informed with the latest news

 

Sign Up

Foodservice Cateys

Foodservice Cateys

Independent Hotel Show London

Independent Hotel Show London

Chef Summit 2024

Chef Summit 2024

People Awards 2024

People Awards 2024

Queen's Awards for Enterprise

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

Jacobs Media

Jacobs Media is a company registered in England and Wales, company number 08713328. 3rd Floor, 52 Grosvenor Gardens, London SW1W 0AU.
© 2024 Jacobs Media

We use cookies so we can provide you with the best online experience. By continuing to browse this site you are agreeing to our use of cookies. Click on the banner to find out more.
Cookie Settings