Clapham House buys Gourmet Burger Kitchen in £10m deal
Clapham House Group, the restaurant company set up by former PizzaExpress boss David Page, has made its third acquisition.
It has bought the Gourmet Burger Kitchen (GBK) chain, which has six outlets across London, for up to £10m.
The initial payment is £2.6m in cash on completion of the deal, followed by further "earn-out" payments of up to £7.4m, based on the chain's performance over the next two years.
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