Byron owner considers sale amid casual dining headwinds

26 October 2017 by
Byron owner considers sale amid casual dining headwinds

Hutton Collins, the private equity firm that owns casual dining chain Byron, is reported to be conducting a strategic review of the business.

Sky News claimed that a meeting of Byron's board earlier this week had led to a decision to appoint professional services firm KPMG to look at options.

The likeliest of those options were a sale of the whole company, or of a substantial minority, according to the report.

Byron has about 70 sites across the UK, having opened its first restaurant in 2007. It has been owned by Hutton Collins for four years following a £100m deal in 2013 when it had just over 30 sites.

The company declined to comment.

Wagamama refinances to reduce group debt >>

Byron Burgers to close Corn Exchange restaurant after two years >>

Andy Manders to step down as Byron CEO >>

Videos from The Caterer archives

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking