Café Rouge owner raises £13.5m to expand
Tragus Holdings, owner of the Café Rouge and Bella Italia restaurant chains, has raised an extra £13.5m from Barclays Bank to fund expansion.
It plans to open up to 20 new restaurants this financial year and says it already has 10 new sites either signed up or in the advanced stages of negotiation.
The company said the new investment came on the the back of an excellent second year of trading with like-for-like sales up by 10%.
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