Wagamama to embark on massive expansion programme

24 May 2011 by
Wagamama to embark on massive expansion programme

Wagamama is set to embark on a massive expansion programme, opening 20 restaurants a year until it reaches 300 sites.

The news follows the company's acquisition in March this year by private equity firm Duke Street Capital for £215m.

The expansion will be led by Chris Warren, head of the leisure and restaurants team at Cushman & Wakefield, which has been retained by Wagamama to lead the programme.

The focus for growth will be on London and the South East, although the firm will be looking nationwide too. The latest Wagamama opening is in the town centre of Horsham with 20 more openings planned before April 2012.

Warren said: "We are delighted to have been exclusively retained by Wagamama, having already helped it to acquire sites before its purchase by Duke Street Capital. Wagamama has been remarkably successful when rolled out into different types of sites in a variety of regions. The fast casual sector has seen genuine growth in the last 18 months and we are excited to help Wagamama to grow in the coming years."

Sharon Cawthorne, property director of Wagamama, said: "Having been acquired by Duke Street Capital we are now able to put in place a far more aggressive expansion plan. We are delighted to have brought Cushman & Wakefield on board to help us to secure the best locations for our new openings."

Wagamama sold to private equity firm in £215m deal >>

Wagamama ‘up for sale' >>

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 www.caterersearch.com/tabletalk

Caterersearch.com jobs

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

[Newsletters For the latest hospitality news, sign up for our e-mail 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 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.


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