Thai restaurant group Busaba appoints advisors

29 April 2020 by
Thai restaurant group Busaba appoints advisors

Thai restaurant group Busaba is working with KPMG to examine its options for the future.

The group, established by Hong Kong-born restaurateur Alan Yau in 1999, has 13 sites across London.

KPMG declined to make any further comment.

The group announced in 2018 that it was refocusing on its London estate following the closure of its last non-London site in St Albans. It had closed its Liverpool and Manchester sites in 2017 after only a year, which it blamed on competition and disappointing sales.

In 2019, Busaba Eathai Holdings was acquired by Muzinich Private Debt through holding company Curry Acquisitions.

The Caterer has contacted Busaba for comment.

Image: Shutterstock

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

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.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking