Singha buys Oriental Restaurant Group

24 October 2014 by
Singha buys Oriental Restaurant Group

Brewer the Singha Corporation has made its first steps into establishing a UK restaurant business with the acquisition of four Oriental Restaurant Group sites, previously operated by the Orchid Group.

The four restaurants are: Imperial City, and the Royal Exchange in the City, close to the Bank of England; Sri Thai, at London Wall; Sri Nam, in Canary Wharf; and Gatwick Oriental, at the Sofitel in Gatwick Airport.

The restaurants were acquired for an undisclosed sum through Fine Food Capital (FFC), a wholly-owned subsidiary of the Singha Corporation.

Thailand-based Singha is best known as the owner of the eponymous beer brand but also has interests in a variety of beverage businesses as well as its investment arm in the food and restaurant sector, FFC.

Theera Vongapatanasin, the managing director of FFC, said: "We are delighted to announce the purchase of these four locations. The transaction is an important opportunity for us to showcase the best of our beer business and the best of Thai hospitality.

"It is also the first development in what we believe will be a significant journey for us in the UK restaurant market. We are ambitious and believe there will be many opportunities for us to further build this restaurant collection."

Mitchells & Butlers acquires ‘majority' of Orchid estate >>Mitchells & Butlers endures tough August >>

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