British-based tapas chain La Tasca sold for over €34 million

Tapas chain swallowed up by restaurant group for a cool €34 million

LAST UPDATED: 31 Aug, 2015 @ 16:09
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BRITAIN’S love affair with Spanish food has seen a tapas chain gobbled up for over €34 million.

La Tasca was bought from Icelandic bank Kaupthing by Casual Dining Group.

SOLD: Tapas chain goes for €34 million
SOLD: Tapas chain goes for €34 million

The group now owns four of Britain’s best-known chains along with Cafe Rouge, Bella Italia and Las Iguanas.

Their 280 UK restaurants makes them one of the UK’s largest privately-owned restaurant groups.

La Tasca was once owned by flamboyant entrepreneur Robert Tchenquiz.

The tapas restaurant recently binned frozen ingredients to work with Spanish suppliers.

Steve Richards, chief executive of the Casual Dining Group, confirmed they plan to open 30 new branches in the next year.

 



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2 COMMENTS

  1. Please tell me, what do people achieve in posting comments which basically are nothing but moans. Why not visit the local bars instead there are plenty of moans there, at least it’s face to face with people instead of hiding behind some print. Surely you must have better things to do. Enjoy your life in Spain is that why your here. lol.

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