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V8
Gourmet Ltd has acquired the assets of Gourmet Restaurants Ltd and
CHG2 Ltd, comprising The Bombay Bicycle Club, Vama and Tiffinbites businesses.
Anoup
Treon, Chairman of V8 Gourmet, has confirmed that the businesses
will continue all their existing operations. V8 Gourmet has also
offered employment to Arjun Varma and Andy Varma (founders of Vama).
This offer has been accepted, and Arjun and Andy have joined V8
Gourmet's management team.
V8
Gourmet will look to exploit these well established brands by
pursuing expansion opportunities in the UK and overseas. Despite the
downturn in the economy, management expects performance of the
businesses to be satisfactory.
After
Chantrey Vellacott DFK was appointed as administrator of Gourmet
Restaurants group on Friday 16 January, investment vehicle V8 Gourmet
stepped in to save the company.
More
than 400 jobs across the group have been saved, but Jamal Hirani,
the founder of Tiffinbites - who struck the deal to buy Vama and
Bombay Bicycle Club just seven months ago - has left the company. |
