Fulham Shore has agreed the acquisition of Franco Manca for £27.5m.
Fulham Shore has agreed the acquisition of Franco Manca for £27.5m. Fulham Shore said that since the announcement of the acquisition, two new Franco Manca restaurants have opened in London, at Belsize Park and Broadgate in the City, bringing the estate to 12. It is said that early trading at both restaurants has been positive. Fulham Shore has also said Franco Manca has a firm base on which it expand, initially in London and then, in time, elsewhere in the UK. It believes it has the potential to grow to at least 40 restaurants in the UK over the next five years.
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