Arab Today, arab today kuwaitbased company purchases british diner little chef
Last Updated : GMT 13:49:32
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$23m deal agreed with RCapital, plans to 'revitalise' brand

Kuwait-based company purchases British diner Little Chef

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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.

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Arab Today, arab today kuwaitbased company purchases british diner little chef Arab Today, arab today kuwaitbased company purchases british diner little chef

 



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