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