D&D London in stock market listing rumour

13 August 2015 by
D&D London in stock market listing rumour

Restaurant group D&D London could be preparing to list on the London Stock Exchange, according to reports.

The company, originally founded by Sir Terence Conran, is now named after chief executive Des Gunewardena (pictured) and managing director David Loewi.

It counts some of London's best-known restaurants in its UK portfolio of nearly 30 sites including Quaglino's, Coq d'Argent and Le Pont de la Tour.

It also runs Crafthouse and Angelica in Leeds, as well as four restaurants overseas including Guastavino's in New York City and Alcazar in Paris.

LDC, the majority owner of D&D Restaurants, is reported to be lining up Zeus Capital to lead the flotation, according to Sky News.

LDC, which is owned by Lloyds Banking Group, has held a controlling stake in D&D since 2013 after buying out shares previously held by Conran Holdings and Caird Capital.

No-one from D&D London was immediately available for comment.

In addition to a series of refurbishments, such as those set to take place at Le Pont de la Tour and Sartoria, where new head chef Francesco Mazzei has recently been appointed, D&D London is planning the opening of the German Gymnasium restaurant in King's Cross in London in the autumn, as well as the 10,000 sq ft site in the Nova development in Victoria, planned for autumn 2016.

D&D London reveals details of King's Cross German Gymnasium complex >>

Sartoria closing for refurbishment on 31 August >>

D&D London's Pont de la Tour to close for refurbishment >>

D&D London confirms plans for Victoria restaurant >>

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