Investment firm leads race for Wagamama

05 July 2004
Investment firm leads race for Wagamama

Japanese-style noodle bar chain Wagamama is in advanced talks with several companies over a possible £60m buyout.

Investment company Hutton Collins has emerged as the front-runner, although a source close to the restaurant chain said talks were continuing with a number of parties.

The chain, which has 24 restaurants in the UK as well as overseas franchises, has been pursuing a twin-track strategy, positioning itself for flotation on the London Stock Exchange's Alternative Investment Market, while also tracking interest in a sale.

Hutton Collins was involved in last year's acquisition of PizzaExpress by TDR Capital and Capricorn Ventures International.

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 Group 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.


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