Categories: Latest News

Restaurant chain Chilango sold

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

 

fb-connect

Recent Posts

German market franchise agreement for Krispy Kreme

Krispy Kreme, the donut and coffee brand, have signed a franchise agreement with ISH Foods.…

5 days ago

Greggs reach 2,500 UK stores

The UK brand, Greggs, have opened their 2,500th store in the UK.   The new…

5 days ago

Starbucks to debut in Honduras and Ecuador

The US coffee brand, Starbucks, are set to open debut stores in Ecuador and Honduras.…

1 week ago

Paul UK to further expand outside of London

Paul Bakery UK are set to open in their 3rd city across the country.  …

2 weeks ago

Flynn Group acquire 25 Applebee’s

Flynn Group have acquired 25 Applebee's restaurants in Florida and Georgia.   The largest restaurant…

3 weeks ago

Carl’s Jr. open new store in Mexico

Carl's Jr. have opened a new store in Mexico.   The new store, located in…

3 weeks ago