Hotels, Restaurants and Leisure
Company Overview of Casual Dining Group Ltd.
Casual Dining Group Ltd. owns and operates a chain of casual dining restaurants in the United Kingdom. Its restaurants serve French dishes and wines; and British food and snacks, including soups, sandwiches, baked potatoes, fish and chips, bangers, mash and chicken, and ham pies. The company was founded in 2002 and is based in London, United Kingdom. Casual Dining Group Ltd. is a former subsidiary of Whitbread PLC.
163 Eversholt Street
London, NW1 1BU
Founded in 2002
Key Executives for Casual Dining Group Ltd.
Chief Executive Officer, Member of Management Board, and Director
Chief Financial Officer, Member of Management Board and Director
Director of Property and Member of Management Board
Member of Management Board and Managing Director of Bella Italia & Strada
Compensation as of Fiscal Year 2014.
Casual Dining Group Ltd. Key Developments
Prezzo Reportedly Eyes Strada
Jun 14 14
Prezzo plc (AIM:PRZ) reportedly eye Strada Ltd. of Tragus Ltd. Prezzo is understood to be among a pack of suitors assembling bids for the company. Tragus required a financial bail-out after it was saddled with £325 million of debt used to finance a takeover by Blackstone, the private equity house in 2006. It is expected to face rival interest from private equity and well-known entrepreneurs such as Richard Caring, whose Caprice Holdings group.
Tragus Reportedly Plans To Sell Strada
Jun 3 14
Tragus Ltd's (Tragus Group), the owner of the Café Rouge Limited (Cafe Rouge) and Strada Ltd. (Strada) is preparing a sweeping financial restructuring that will result in the break-up of one of the UK’s biggest restaurant operators. Sky News has learnt that Tragus Group is considering the launch of company voluntary arrangements (CVAs) that would enable it to shed or restructure some of its rent obligations at Cafe Rouge and Bella Italia, another of its businesses. It is also poised to launch a sale process for Strada. Restaurant industry sources said that Tragus could make an announcement about the restructuring proposals as soon as June 4, 2014. Zolfo Cooper, a professional services firm, is understood to have been lined up to oversee the financial overhaul. Spokespeople for Tragus and Zolfo Cooper declined to comment.
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