Administration
El Mexicana restaurants bought out of administration
The El Mexicana restaurant group has been bought out of administration, securing 92 jobs.
Food and drink industry accounted for 6% of UK administrations in 2022
The food and drink industry accounted for 6% of administrations in 2022 – the sixth highest sector in the UK – according to analysis by law firm Shakespeare Martineau
Five restaurant businesses went bust a day in 2022, figures reveal
Byron owner Famously Proper bought out of administration
Crussh bought out of administration with 160 jobs saved
Vegan restaurant group Frost Burgers enters administration
Glasgow’s Lorne hotel sold out of administration
Glasgow’s Lorne hotel has been sold out of administration to PL Glasgow Limited.
Pandemic pushes Glenburn hotel into administration
Administrators have been appointed to the Glenburn hotel in Rothesay on the Isle of Bute after[...]
Redundant Shearings staff win £4m in legal battle after company’s collapse
More than 900 people who lost their jobs when coach holiday and hotels company Shearings went[...]
Bristol fast-food chain Friska goes into administration
Bristol-based café and quick-service restaurant chain Friska has fallen into administration.
Administrators appointed to Glasgow’s Lorne hotel
Administrators have been appointed to Glasgow’s 102-bedroom Lorne hotel with all staff made redundant."
Administrators put Signature Living’s Shankly hotel on the market
Administrators of Signature Living’s Shankly hotel in Liverpool have put the freehold of the property up for sale for an undisclosed sum.
Wake-up call: how to overcome new hurdles in pre-pack administrations
New regulations and written reports will add a layer of administration and could endanger a speedy sale, say Tim Carter and Helen Martin.
Partners Group paid £55m for Côte Restaurants
Private equity firm Partners Group acquired Cote Restaurants out of administration for £55m, according to administrator's[...]
Pre-pack administration sales set for closer scrutiny
Pre-pack administration sales are set for closer scrutiny under new laws announced today.
Casual Dining Group bought out of administration for £18m
Epris has bought Casual Dining Group’s remaining estate of 150 restaurants out of administration for a[...]
Chilango bought out of administration in deal that will save 130 jobs
Mexican restaurant chain Chilango has been bought out of administration in a deal that will see[...]
Byron sold out of administration for £4m
Byron was sold out of administration for £4m in a prepack sale, which will see two London sites reopen tomorrow (Thursday 27 August)."
TowerBrook Capital Partners purchased Zizzi and ASK Italian owner in £109m deal
TowerBrook Capital Partners purchased Zizzi and ASK Italian owner the Azzurri Group in a deal worth £109.5m, documents filed with Companies House have revealed.
Casual Dining Group bought out of administration and rebranded as the Big Table
Casual Dining Group has been bought out of administration by private equity firm Epiris in a deal that will preserve 4,000 jobs across 150 restaurants.
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