Prezzo Holdings: Difference between revisions
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| location_city = [[Woodford Green]], [[Essex]] |
| location_city = [[Woodford Green]], [[Essex]] |
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| location_country = [[United Kingdom]] |
| location_country = [[United Kingdom]] |
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| key_people = Jon Hendry Pickup ([[Chief executive officer|CEO]])<ref name="company-house>{{cite web|title=PREZZO HOLDINGS LIMITED - Overview|url=https://beta.companieshouse.gov.uk/company/09278104|website=beta.companieshouse.gov.uk|accessdate=11 October 2017|language=en}}</ref> |
| key_people = Jon Hendry Pickup ([[Chief executive officer|CEO]])<ref name="company-house">{{cite web|title=PREZZO HOLDINGS LIMITED - Overview|url=https://beta.companieshouse.gov.uk/company/09278104|website=beta.companieshouse.gov.uk|accessdate=11 October 2017|language=en}}</ref> |
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| industry = [[Restaurant]] |
| industry = [[Restaurant]] |
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'''Prezzo Holdings Limited'''<ref name="company-house |
'''Prezzo Holdings Limited'''<ref name="company-house"/> is a chain [[restaurant]] operator in the [[United Kingdom]]. |
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==History== |
==History== |
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Revision as of 14:14, 31 March 2018
| File:Prezzo.gif | |
| Company type | Private |
|---|---|
| Industry | Restaurant |
| Founded | 4 February 2000 |
| Headquarters | , |
Key people | Jon Hendry Pickup (CEO)[1] |
| Parent | TPG Capital |
| Subsidiaries | Chimichanga Cafe Uno Prezzo Cleaver MEXIco |
| Website | www |
Prezzo Holdings Limited[1] is a chain restaurant operator in the United Kingdom.
History
In 2014 the company was bought by private equity investment firm TPG Capital for just over £300 million.[2]
On 23 March 2018 Prezzo Holdings announced it was closing the 33 branch Tex-Mex chain Chimichanga, and closing 92 branches of the Prezzo chain, in a company voluntary arrangement (CVA) restructuring which will see rents at 57 other sites reduced between 25% and 50%. The contraction will jeopardise up to 1,800 out of the current 4,500 jobs.[2]
Subsidiaries
It operates using several casual dining brands:[3]
- Chimichanga
- Caffè Uno (previously owned by Paramount Restaurants)
- Prezzo
- Cleaver
- MEXIco
References
- ^ a b "PREZZO HOLDINGS LIMITED - Overview". beta.companieshouse.gov.uk. Retrieved 11 October 2017.
- ^ a b "Prezzo restaurant chain to close 92 outlets". BBC News. 23 March 2018. Retrieved 23 March 2018.
- ^ "Restaurant group Prezzo to go private?".
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