Carluccio’s, the struggling UK Italian restaurant chain, has approached multiple private equity groups in an effort to secure a sale, according to people with direct knowledge of the process.
It comes after the casual dining group, co-founded in the late 1990s by Antonio Carluccio, appointed KPMG to examine options including a potential restructuring following a sharp drop in profits.
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Including:
The deal involves firm taking on 35,391 sq ft of workspace
Eldridge Real Estate Credit funds 591-bed PBSA
The deal spans 269,000 sq ft of space in Liverpool, Kettering and Sunderland
Safra is selling the block having acquired it for £72.4m in 2018
