Cafe Rouge Owner Goes into Administration
12 July 2020
It has been reported that Epiris, the buyout firm, is having detailed talks with administrators about buying Casual Dining Group.
A deal is yet to be finalised, but is expected in the coming days.
Elliott Advisors have also shared interest in purchasing the group.
3 July 2020
Bella Italia and Café Rouge owner, Casual Dining Group, has gone into administration. This has meant 91 outlets to close immediately and 1,900 of the 6,000 staff to lose their jobs.
The 91 restaurants are located mainly in England, with a few in Scotland and Wales. The remaining 159 of the groups 250 outlets will remain open.
Administrators, Alix Partners, are looking for any interested parties to make offers for all, or part of the business.
It is reported that already multiple offers have been received of which the business hopes to pursue in efforts to rescue itself.
Chief executive, James Spragg said: ‘’We are acutely aware of our duty to all employees and recognise that this is an incredibly difficult time for them.’’
He stresses he will do all he can, working alongside and supporting the administrators, aiming to preserve as much employment as possible.
The ‘’extreme operating environment’’ for the casual dining sector, among others, due to coronavirus forcing restaurants to shut since the start of March, is blamed.
The full list of Casual Dining Group closures
- Bella Italia
- Newbury
- East Kilbride
- Baker Street
- Cambridge
- Cheltenham Prom
- Soton Above Bar
- Blackpool Church
- Watford
- Plymouth
- Dunfermline
- Islington
- Gloucester Quays
- Hatfield
- Southend
- Didsbury
- Solihull
- Brighton Belotta
- Windsor
- Manchester Deansgate
- Camberley Atrium
- Aberdeen
- Loughborough
- Crewe
- Colliers Wood
- Brighton Marina
- Cardiff
- Shaftesbury Ave
- Hemel Hempstead
- Leeds
- Silverlink
- Bexley
- New Brighton
- Orpington
- Manchester Piccadilly
- Café Rouge
- Bury St Edmonds
- Newbury
- Maidstone Earl St
- Solihull
- Pinner
- Blackheath
- Harborne Birmingh
- Leamington Spa
- York
- Dulwich
- Epsom
- Birmingham Mailbox
- Woking
- Hitchin
- Oxford
- Leicester
- Chester
- Cheltenham
- Loughton
- Chelmsford
- Cambridge
- Edinburgh
- Southgate
- Esher
- Bromley
- Salisbury
- Canterbury Long
- Trafford Centre
- Exeter Princesshay
- Hertford
- Milton Keynes
- Las Iguanas
- Harrogate
- Brighton Marina
- Derby
- Sheffield
- Woking
- Chester
- Brunswick Square
- Braintree
- Bournemouth
- Norwich
- Newcastle
- Belgo
- Belgo Kingsway
- Belgo Nottingham
- Belgo Centraal
- Airport sites
- Café Rouge Rapide Inverness Airport
- Bristol Airport
- The George Ale & Coffee House (T5)
- The Darwin Ale & Coffee House (T3)
- Jersey Airport
- Oriel Luton
- Oriel Heathrow T4
- La Salle Heathrow T2
- Bella Italia Luton
- Oriel Heathrow T3
- Huxleus Heathrow T5
- The Shipyard Jersey
