The Leisure Media Company Ltd
The Leisure Media Company Ltd
The Leisure Media Company Ltd
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Mount Batten Group
c£65,000pa + pension + benefits
mount batten centre, plymouth
Exeter City Council
£40,221 - £42,403pa + pension + benefits
Exeter
University of Warwick
£29,605 - £32,982pa + pension + benefits
Coventry, West Midlands
Active Luton
£61,000 - £64,000 + exceptional pension + excellent benefits
Luton
Everyone Active
Competitive rates of pay
South Oxhey Leisure Centre, Watford

Clapham House receives takeover offer

Job opportunities
The Pickaquoy Centre
£30,000pa + local Govt pension + attractive benefits package
location: Orkney, Scotland, United Kingdom
Harrow School
£13.71 per hour
location: Harrow, London, United Kingdom
Exeter City Council
£40,221 - £42,403pa + pension + benefits
location: Exeter, United Kingdom
more jobs

AIM-listed Restaurant operator Clapham House Group (CHG) has confirmed that it has received an offer for the company.

It is believed that the suitor is Capricorn Ventures, which already holds 27 per cent of CHG's shares.

Capricorn, an investment vehicle for the Enthoven family, already owns the Nando's chain of Portuguese-style restaurants.

In a short statement, CHG said: "The Board of Clapham House notes the recent movement in the Company's share price and confirms that it has received an approach which may or may not lead to an offer being made for the Company.

"There can be no certainty that an offer will be made for the Company or the terms on which such an offer may be made."

CHG owns and operates the Real Greek and Gourmet Burger Kitchen brands and currently operates 58 restaurants in the UK, as well as 15 international outlets.

In May, The group announced plans to raise around £2.2m through a new share placing to grow its Gourmet Burger Kitchen (GBK) business.

Peter Backman of foodservice consultancy Horizons, said the news is the latest evidence that the industry is facing a period of consolidation as recessionary pressures are gradually easing.

He added: "This week Carlson, the US hospitality group, has bought out its private equity partner in TGI Friday's UK and we have already seen Tragus expressing interest in Chez Gerard operator Paramount, the owners of La Tasca launching a formal auction process for the Spanish tapas chain and Ego, the northwest chain of Mediterranean restaurants, looking for a purchaser.

"These takeover attempts focussing on strong brands, yet brands that are not yet mature in terms of geographic saturation, become more likely as the eating out market begins to improve. Bidders are keen to strike before prices recover fully while banks are beginning to finance the right deals again."

Sign up for FREE ezines & magazines
AIM-listed Restaurant operator Clapham House Group (CHG) has confirmed that it has received an offer for the company.
NULL,NULL,NULL,NULL,HHR,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,PRO,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL
070510-gbk.jpg

More News

1 - 15 of 67,891
26 Apr 2024
There is speculation that Basic Fit will sell the five Spanish Holmes Place clubs it has just acquired from RSG Group in a 47-club deal. ... More
26 Apr 2024
While British adults are the most active they’ve been in a decade, health inequalities remain with the same groups missing out, according to Sport England’s ... More
25 Apr 2024
Kerzner International has signed deals to operate two new Siro recovery hotels in Mexico and Saudi Arabia, following the launch of the inaugural Siro property ... More
25 Apr 2024
Nuffield Health’s fourth annual survey, the Healthier Nation Index, has found people moved slightly more in 2023 than 2022, but almost 75 per cent are ... More
24 Apr 2024
The US spa industry is continuing its upward trajectory, achieving an unprecedented milestone with a record-breaking revenue of US$21.3 billion in 2023, surpassing the previous ... More
24 Apr 2024
Short-term incentives to exercise, such as using daily reminders, rewards or games, can lead to sustained increases in activity, according to new research. Researchers found ... More
24 Apr 2024
Spa and wellness veteran Shannon Malave has been named spa director at iconic US spa destination Mohonk Mountain House. Based in New York’s verdant Hudson ... More
23 Apr 2024
Six Senses Kyoto opens its doors today, marking the eco-luxury hotel and spa operator’s entry into Japan and a new addition to its urban collection. ... More
23 Apr 2024
With the launch of its 49th John Reed, RSG Group is looking for more opportunities for its high-end brand in the US and Europe. Cosmopolitan ... More
23 Apr 2024
PureGym saw revenues rise by 15 per cent in 2023, with the company announcing plans to develop 200 new clubs in the next three to ... More
23 Apr 2024
The UAE’s first-ever Dior Spa has officially launched at The Lana, Dubai – the Dorchester Collection’s debut property in the Middle East. Bathed in natural ... More
22 Apr 2024
The Sacred River Spa at Four Seasons Resort Bali at Sayan will reopen later this year with an all-new design plus enhanced treatments and experiences ... More
22 Apr 2024
Following three disrupted lockdown years, the European fitness market bounced back in 2023, according to Deloitte and EuropeActive’s hot off the press European Health & ... More
21 Apr 2024
Charitable trust, Mytime Active, has removed all single-use plastic overshoes from its swimming pools and leisure centres, as part of ongoing sustainability efforts. Across the ... More
21 Apr 2024
Community Leisure UK is helping the drive to Net Zero with the launch of a bespoke carbon literacy course. Offered in partnership with the Workers' ... More
1 - 15 of 67,891
The Leisure Media Company Ltd
The Leisure Media Company Ltd