Mystery suitor makes approach for Carluccio's

05 May 2009 by
Mystery suitor makes approach for Carluccio's

Restaurant group Carluccio's has revealed that it has received an approach for the company from an as yet unnamed suitor.

Carluccio's said the approach may or may not lead to an offer being made for the company, and added a further announcement would be made in due course.

In a trading statement last month the operator said that in the 26 weeks to 29 March 2009, turnover was 14% ahead compared with the same period last year thanks to promotions run during January and February.

Carluccio's first store in the Middle East opened in Dubai during March 2009, and the company added it was encouraged by the early customer response.

The company confirmed it has 57,467,660 ordinary shares priced at 5p each in issue on the London Stock Exchange's Alternative Investment Market.

Promotions help keep Carluccio's buoyant >>

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By Chris Druce

E-mail your comments to Chris Druce here.

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