Six companies in Chez Gerard group in administration

29 November 2011 by
Six companies in Chez Gerard group in administration

Six companies in the Chez Gerard group have gone into administration, prompting the sale of several sites to other operators.

The six companies, which between them comprised 32 restaurants employing 713 people, are Chez Gerard Restaurants, Craftbutton, Paramount, Caffe Uno Brasseries, Paramount Restaurants and Groupe Chez Gerard Restaurants.

Raymond Blanc's Brasserie Bar Co has already bought eight London-based Chez Gerard restaurants. The company plans to spend £4m converting the sites into Brasserie Blancs, having raised £20m of new capital from its private equity backer Core Capital.

Deloitte said it planned to continue to trade the remaining 24 sites until a buyer was found.

Meanwhile, Richard Muir, owner of Edinburgh's Café Fish, bought seafood restaurant Livebait in Manchester from Paramount Restaurants just before the Chez Gerard Group entered administration. The deal is the first for Muir's new company SBG restaurants which he has set up with William Rollason, the former executive chairman of Paramount.

Brasserie Bar Co buys eight Chez Gerard sites in London >>

Richard Muir buys Manchester seafood restaurant Livebait >>

By Neil Gerrard

E-mail your comments to Neil Gerrard here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to jobs

Looking for a new job? Find your next job here with jobs

Blogs on ]( Catch up with more news and gossip on all Caterer's blogs
[E-newsletters]([ For the latest hospitality news, sign up for our E-newsletters
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 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.


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