Yellow River Café gets £9m boost from NHL
The Yellow River Café is set to expand over the next three years following a £9m cash injection secured by Noble House Leisure Limited (NHL) to update and open new restaurants.
The company, which owns 35 eateries in London including the Jim Thompson's and Yellow River Café chains, plan to roll-out existing brands and gain new acquisitions.
Chief executive Robert Breare said: "After a worthwhile period of consolidation I am delighted we can now push on to realise the full potential of these excellent brands."
All Jim Thompson restaurants will be updated in during 2005, and NHL plans to follow this with the expansion of the Yellow River Café.
The company will be signing new sites over the next few months prior to opening further branches next year.
A large proportion of the £9m development fund was provided by the Royal Bank of Scotland, who with Botts and Company, have been NHL's principal backers since the group was founded in 2000.
Buy this week's Caterer magazine for more industry news and analysis