kuwaitbased company purchases british diner little chef
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

$23m deal agreed with RCapital, plans to 'revitalise' brand

Kuwait-based company purchases British diner Little Chef

Arab Today, arab today

Arab Today, arab today Kuwait-based company purchases British diner Little Chef

Little Chef  was forced into administration in 2007
London - Arab Today

Little Chef  was forced into administration in 2007 A Kuwaiti-owned business has purchased the British dining chain Little Chef. Kout Food Group reportedly paid £15 million ($23 million) for the roadside restaurant .
Kout, which also owns the Maison Blanc bakery chain in southern England and more than 40 Burger King and KFC sites in Britain and Kuwait, agreed a deal for the transfer with the private equity firm, RCapital, on Sunday.
According to Reuters, underinvestment and the changing tastes of British diners forced Little Chef into administration in 2007, when RCapital bought it.
RCapital shut almost two-thirds of Little Chef's 234 sites, cut the workforce and enlisted the help of chef Heston Blumenthal in a television series before putting the chain up for sale in April this year.
Fadwa al-Homaizi, the chairwoman of Kout's UK arm told the BBC the company has exciting plans to revitalise the Little Chef brand.
"Little Chef will benefit from a process of brand renewal in keeping with current trends, supported by traditional British values," she said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwaitbased company purchases british diner little chef kuwaitbased company purchases british diner little chef

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

kuwaitbased company purchases british diner little chef kuwaitbased company purchases british diner little chef

 



GMT 15:28 2017 Tuesday ,17 October

Tunisia economic growth picks up in first quarter

GMT 22:57 2017 Saturday ,23 December

Saif bin Zayed attends wedding ceremony in Al Ain

GMT 14:01 2013 Saturday ,20 April

Iran sees no need for OPEC emergency prices meeting

GMT 08:58 2017 Wednesday ,05 April

North Korea fires missile into Sea of Japan

GMT 07:17 2016 Friday ,15 January

'Harry Potter' star Alan Rickman dies aged 69

GMT 14:43 2015 Saturday ,26 December

Nazaha head arrives in Cairo
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday