Knowledge

The Restaurant Group

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299: 151: 131: 111: 276:, The Restaurant Group told employees a "large number" of its outlets would not reopen after lockdown; up to 120 restaurants, mainly Frankie & Benny's, were set to close permanently, with the loss of between 2,000 and 3,000 jobs. On 8 June, TRG said it was in discussions with its landlords about potential restructuring options, and three days later announced it had entered a 317:
As of December 2019, The Restaurant Group plc operated over 400 restaurants and pub restaurants throughout the UK. It also operates a multi‐brand Concessions business which trades principally in UK airports. In addition, the Wagamama business had 6 restaurants in the US and over 50 franchise
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In October 2020 the business suffered a significant shareholder revolt over the proposed pay package of its chief executive, Andy Hornby. After a year involving over 4,000 job losses and approximately 230 restaurant closures more than a third of investors opposed the package.
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In May 2018, the Brunning & Price division purchased the Ribble Valley Inns, a collection of restaurant and real ale pubs in the north of England, from the Northcote Group for an undisclosed sum. In August, the division purchased the 11-strong portfolio of
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chain, which it had previously sold to the management. In 2018, two years after announcing the closure of 33 units due to falling sales and profits, the firm purchased noodle chain
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for £7.5 million. In October, the board of the company announced that it intended to recommend to shareholders that they accept a £506 million takeover offer from US buyout group
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The company was founded by Matthew Brown from Chatteris in 1987 as City Centre Restaurants plc with the objective of owning and managing the
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In 2023, The Restaurant Group sold most of its portfolio except for Wagamama, Brunning & Price and Barburrito to
404: 458: 546: 223:. The Group also operates Pub restaurants and a Concessions business which trades principally at UK airports. 277: 509:"FE Investegate -CityCentreRestaurant Announcements - CityCentreRestaurant: Result of EGM & Name Change" 309:
In December 2023, it was announced that Apollo had completed its purchase of the company for £701 million.
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In 1995, four years after it was reported to have 151 restaurants, the firm opened its first
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chain. In the late 1980s, it bought the Mexican foodchain Chi Chi's and renamed it
867: 687: 254: 154: 134: 114: 983: 904: 212: 400: 26: 893:"The Restaurant Group to go private after accepting £506m takeover bid" 327: 220: 143: 47: 964: 925:"Apollo Global Management completes takeover of The Restaurant Group" 247: 335: 258: 216: 86: 719:"Frankie & Benny's owner to permanently close 120 restaurants" 969: 483:"PizzaExpress trumps Restaurant Group with £225m offer for Ask" 269:, which included two Coco Momo wine bars, for £15.4 million. 974: 959: 868:"The Big Table Group | Coast to Coast - The Big Table Group" 814:"Shareholders revolt over Restaurant Group's CEO pay plans" 952: 195: 600:"Wagamama noodle chain sold to Frankie & Benny owner" 98: 92: 746: 744: 1000:
Companies formerly listed on the London Stock Exchange
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restaurants operating across a number of territories.
631:"Northcote Group sells four Ribble Valley Inns sites" 775: 741: 570:"Frankie & Benny's owner closes 33 restaurants" 995:Companies based in the London Borough of Southwark 981: 710: 679: 841: 459:"Restaurant chains' profits are eaten away" 781: 750: 25: 890: 663:. Brunning & Price Ltd. August 2018. 426: 424: 422: 369: 367: 365: 363: 784:"TRG eyes 125 closures as CVA announced" 653: 297: 1010:Restaurant chains in the United Kingdom 567: 456: 274:COVID-19 pandemic in the United Kingdom 261:for £559m, to diversify its portfolio. 982: 716: 667:from the original on 27 September 2020 419: 360: 215:. Their principal trading brands are 211:is a British chain of restaurants and 990:British companies established in 1987 685: 628: 794:from the original on 31 October 2020 763:from the original on 2 December 2020 610:from the original on 30 October 2018 438:from the original on 20 January 2013 280:(CVA) and planned to cut 125 sites. 580:from the original on 26 August 2016 13: 1020:Apollo Global Management companies 891:Makortoff, Kalyeena (2023-10-12). 782:McAllister, James (11 June 2020). 641:from the original on 9 August 2020 489:from the original on 24 April 2017 381:from the original on 16 April 2023 14: 1031: 944: 751:McAllister, James (8 June 2020). 568:Kollewe, Julia (26 August 2016). 519:from the original on 7 April 2015 485:. The Caterer. 13 February 2004. 432:"Catering & Hospitality News" 349:List of companies based in London 729:from the original on 4 June 2020 698:from the original on 2 June 2020 407:from the original on 2 June 2021 150: 149: 130: 129: 110: 109: 1005:Restaurants established in 1987 917: 884: 860: 835: 824:from the original on 2020-10-11 806: 622: 321: 842:O'Boyle, Daniel (2023-09-11). 592: 561: 539:"TRG buys back Deep Pan Pizza" 531: 501: 475: 457:Whatley, Garrod (1991-08-21). 450: 393: 1: 1015:2023 mergers and acquisitions 717:Butler, Sarah (3 June 2020). 629:Witts, Sophie (23 May 2018). 354: 312: 278:company voluntary arrangement 253:In 2006, TRG bought back the 7: 686:Jones, Lora (2 June 2020). 342: 272:On 3 June 2020, during the 59:; 37 years ago 16:British hospitality company 10: 1036: 226: 190: 180: 161: 141: 121: 105: 79: 71: 53: 43: 33: 24: 543:www.pizzamarketplace.com 403:. The Restaurant Group. 293:Apollo Global Management 209:The Restaurant Group plc 169:Apollo Global Management 20:The Restaurant Group plc 306: 233:Garfunkel's Restaurant 157:(119.9) million (2020) 872:www.bigtablegroup.com 463:The Press and Journal 375:"Annual Results 2020" 304:Market Street, Oxford 301: 244:Frankie & Benny's 137:(49.7) million (2020) 965:Brunning & Price 929:Verdict Food Service 377:. Restaurant Group. 332:Brunning & Price 267:Food & Fuel Pubs 117:459.8 million (2020) 606:. 30 October 2018. 289:The Big Table Group 182:Number of employees 21: 820:. 8 October 2020. 434:. Caterer Search. 307: 19: 661:"Company Archive" 549:on 7 October 2012 513:investegate.co.uk 206: 205: 1027: 956: 955: 953:Official website 939: 938: 936: 935: 921: 915: 914: 912: 911: 888: 882: 881: 879: 878: 864: 858: 857: 855: 854: 848:Evening Standard 839: 833: 832: 830: 829: 810: 804: 803: 801: 799: 779: 773: 772: 770: 768: 748: 739: 738: 736: 734: 714: 708: 707: 705: 703: 683: 677: 676: 674: 672: 657: 651: 650: 648: 646: 626: 620: 619: 617: 615: 596: 590: 589: 587: 585: 565: 559: 558: 556: 554: 545:. 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Retrieved 322:Subsidiaries 316: 308: 302:Wagamama in 286: 282: 271: 263: 252: 241: 230: 208: 207: 97:Kirk Davis ( 72:Headquarters 34:Company type 85:Ken Hanna ( 984:Categories 975:Barburrito 934:2024-01-12 910:2023-10-12 877:2024-04-03 853:2023-09-11 828:2020-10-30 614:30 October 468:2023-04-16 355:References 328:Barburrito 313:Operations 221:Barburrito 144:Net income 81:Key people 48:Restaurant 905:0261-3077 671:15 August 645:15 August 584:26 August 248:Leicester 960:Wagamama 822:Archived 792:Archived 761:Archived 727:Archived 723:Guardian 696:Archived 692:BBC News 665:Archived 639:Archived 608:Archived 578:Archived 517:Archived 493:23 April 487:Archived 436:Archived 405:Archived 379:Archived 343:See also 336:Wagamama 259:Wagamama 237:Chiquito 217:Wagamama 87:Chairman 44:Industry 798:11 June 553:3 April 523:3 April 442:3 April 385:8 April 295:(APG). 227:History 198:.trgplc 191:Website 106:Revenue 62: ( 54:Founded 38:Private 903:  767:8 June 733:5 June 702:3 June 411:1 June 162:Owner 901:ISSN 800:2020 769:2020 735:2020 704:2020 673:2020 647:2020 616:2018 586:2016 555:2015 525:2015 495:2017 444:2015 413:2021 387:2021 219:and 200:.com 64:1987 57:1987 246:in 196:www 99:CFO 93:CEO 986:: 927:. 899:. 895:. 870:. 846:. 816:. 790:. 786:. 759:. 755:. 743:^ 725:. 721:. 694:. 690:. 637:. 633:. 602:. 576:. 572:. 541:. 515:. 511:. 461:. 421:^ 362:^ 239:. 95:) 89:) 937:. 913:. 880:. 856:. 831:. 802:. 771:. 737:. 706:. 675:. 649:. 618:. 588:. 557:. 527:. 497:. 471:. 446:. 415:. 389:. 155:£ 135:£ 115:£ 101:) 66:)

Index


Private
Restaurant
Chairman
CEO
CFO
£
Operating income
£
Net income
£
Apollo Global Management
www.trgplc.com
public houses
Wagamama
Barburrito
Garfunkel's Restaurant
Chiquito
Frankie & Benny's
Leicester
Deep Pan Pizza
Wagamama
Food & Fuel Pubs
COVID-19 pandemic in the United Kingdom
company voluntary arrangement
The Big Table Group
Apollo Global Management

Market Street, Oxford
Barburrito

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