Tesco confirms the sale of the Giraffe restaurant chain.
Tesco has confirmed the sale of the Giraffe restaurant chain to Harry Ramsden’s owner Boparan Restaurants Holdings Ltd. The sale comprises of 54 standalone restaurants, 12 of which are franchise sites, and three restaurants within Tesco stores. Chief executive of Tesco Dave Lewis, said: “As we stablise the business in the UK, we continue to focus on where we can best serve the needs of our customers, while ensuring our business remains sustainable for the long term. Giraffe is a much loved brand, and while casual dining remains an important part of the shopping trip for many of our customers, we will continue to meet these through our Tesco Cafes and other providers.”
Article via MCA report.