Mucho Mas Limited – the trading entity behind the entity – has sold Chilango to the investment group RD Capital Partners.
Chilango was originally launched in London in 2007 with the aim of serving original Mexican food in the UK capital. Already set to restructuring its debt back in January, the chain has been adversely affected by the Covid crisis and restructuring advisors initiated the sale process in July.
Richard Franks will continue leading the chain and the sale will allow most sites to continue operating (10 out of 11) saving about 130 jobs.
Read more on:
https://www.qsrmagazine.com/restaurant-operations/strength-numbers
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