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

Jamie Oliver in talks to sell restaurants stake to 3i

02 June 2015 by

Jamie Oliver Group has entered talks to sell a majority stake in the celebrity chef's restaurant business to private equity business 3i.

Jamie Oliver has appointed the Royal Bank of Canada to handle discussions over a deal, as well as with other potential buyers, according to Sky News.

The deal could value the restaurants - including Jamie's Italian, Jamie Oliver's Diner and Barbecoa - at £200m.

Oliver has also hired investment bank Raine to dispose of part of his publishing business.

Jamie's Italian was launched in Oxford in 2008 and has nearly 40 UK sites as well as 15 overseas.

It is the most successful of Oliver's restaurant brands. There is currently only one Barbecoa, with a second planned to open in London's Piccadilly later this year.

The sale of the stakes in his businesses is expected to allow further expansion of the restaurant brands.

Are you looking for a new role? See all the current restaurant vacancies available with The Caterer Jobs >>Jamie Oliver launches global campaign to get food education in schools >>Jamie Oliver expands Jamie's Italian into France >>Flagship Jamie's Italian set for Tooley Street >>Latest video from The Caterer

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 Group 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