Claude Bosi buys out Hibiscus investors
Claude Bosi, chef-patron of Hibiscus, the two-Michelin-starred Mayfair restaurant, has bought out his business partners to ensure the restaurant is fully independently owned.
Bosi and his former wife Claire originally opened the restaurant in Ludlow in 2000 and relocated it to London in 2007, seeking the help of private investors Michael Patton and Tim Woodcock. Bosi has now purchased Jolly Fine Restaurants, which owns Hibiscus.
He said: "Since we moved from Shropshire, my plan always was to buy Hibiscus back from my original investors, so I am delighted that we have achieved this. The news has been long-awaited for both myself and the team here at Hibiscus."
Bosi added that the purchase had been enabled by a couple of factors: the growth of his original investment within the larger business of the pubs, and an overseas consultancy.
Bosi took over the Fox & Grapes in Wimbledon in 2011, and the Malt House in Fulham opened in January this year.
He said he had great plans for Hibiscus, which is now in its 14th year of operation.
"We had a complete refurbishment in January, along with â¨the introduction of a chefs' table and development kitchen," he explained. "We have a solid, loyal and dedicated team, both front of house and in the kitchen, and I will be taking a break from any outside work - with the exception of a few small commitments - and focusing solely on Hibiscus."