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Fri, 05 Jun 2020 | BUSINESS SALE
Azzurri Group has engaged advisers to explore a potential sale of the business as the COVID-19 pandemic continues to impact the UK’s hospitality sector. While the process is at an early stage, the company’s adviser KPM... continue reading
Thu, 04 Jun 2020 | BUSINESS NEWS
The Restaurant Group, which owns chains including Frankie & Benny’s, Garfunkel’s and Wagamama, will permanently close 120 restaurants, as COVID-19 has prompted the company to accelerate its restructuring plan. The clos... continue reading
Wed, 03 Jun 2020 | BUSINESS SALE
28 Oddbins stores will remain open after the off-licence retailer was bought out of administration by an unnamed buyer. Administrators Duff & Phelps announced the sale, saying the buyer had acquired a “substantial part of th... continue reading
Tue, 02 Jun 2020 | COMMERCIAL PROPERTY
Tile retailer Topps Tiles has agreed the £18.1 million sale and leaseback of its head office and central warehouse buildings to UK Warehouse Properties.
The sale of the properties, in Leicester’s Grove Park, is expec... continue reading
Mon, 01 Jun 2020 | ADMINISTRATION
Footwear retailer Aldo UK has entered into administration due to the impact of the COVID-19 pandemic. The company is the UK arm of the Canadian Aldo Group, which has filed for Companies’ Creditors Arrangement Act in Canada (... continue reading
Fri, 29 May 2020 | ADMINISTRATION
Fashion retailer Monsoon Accessorize is close to entering administration and plans to file a notice of intention to appoint administrators over the coming days. The company is reported to have lined up FRP Advisory to manage the p... continue reading
Thu, 28 May 2020 | BUSINESS SALE
Asset manager M&G has completed the purchase of wealth management platform Ascentric from Royal London for an undisclosed sum. The sale follows an overhaul of pension and insurance firm Royal London by new chief executive Barry O&... continue reading
Wed, 27 May 2020 | ADMINISTRATION
Adelie Foods, one of Britain’s biggest suppliers of sandwiches and food-to-go, has appointed administrators as the coronavirus pandemic continues to impact the food sector.
The company had been in rescue talks for several ... continue reading
Tue, 26 May 2020 | ADMINISTRATION
DVF Studio, the UK business of fashion designer Diane von Furstenberg, has gone into administration and has announced the permanent closure of its flagship store on Bruton Street, Mayfair. In a letter to UK clients, von Furstenber... continue reading
Sun, 24 May 2020 | ADMINISTRATION
The parent company of coach holiday company National Holidays has stopped trading and administrators appointed. Specialist Leisure Group Ltd operates several businesses, hotels and brands in the travel sector, all of which have im... continue reading
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UK administrations update: January 15 – 21 | ADMINISTRATION
Since our last update, the following businesses have been co...
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Investment firm Westland goes direct with courier buy | BUSINESS SALE
Investment firm Westland Assets has bought Nottingham and Ma...
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EXA Infrastructure in £44 million deal for subsea experts Aqua Comms | BUSINESS SALE
London-based EXA Infrastructure is to acquire Aqua Comms &nd...
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