Carluccio's Ltd

Carluccio's is an Italian restaurant chain founded in London in 1999.

Carluccio's Ltd
TypeItalian Restaurant
IndustryHospitality
Founded1999 (1999) in London, England
FounderAntonio Carluccio
HeadquartersLondon, England, UK
Area served
UK, Ireland, Middle East and US
Key people
Carl Lever, Chairman; Mark Jones CEO
ServicesRestaurant and food shop
OwnerBoparan Restaurant Group
Number of employees
Over 3,200 (2015)
Websitewww.carluccios.com
Carluccio's, Garratt Lane, Earlsfield, London

History

In 1991, Antonio Carluccio and his then wife opened an Italian food shop, named Carluccio's.[1][2]

In 1999, the first "Carluccio's Caffè" was opened[2] in Market Place, London. The chain expanded, initially across southeast England, and subsequently across the UK. In 2005, Carluccio's listed on the Alternative Investment Market as a PLC. In 2010 the company received a takeover offer from the Landmark Group, a Dubai-based enterprise, valuing Carluccio's at £90m. The transaction was approved by the shareholders and completed in October 2010.[3]

In March 2018, Carluccio's brought in KPMG for financial advice for possible options due to high costs and increased competition within the industry.[4]

On 20 March 2020 following guidance from the UK Government for handing the COVID-19 pandemic Carluccio's, along with all other bars and restaurants in the country closed their shops temporarily.

Ten days later, on 30 March, Carluccio's went into administration putting 2000 jobs at risk.[5] The administrator is looking at options for the future of the company, including mothballing the business using government support and trying to sell all or parts of it.

On 22 May, it was announced that the Boparan Restaurant Group is acquiring the Carluccio's brand and taking over 30 of the 71 outlets, with the remainder closed.[6][7]

References
  1. Allen, Nick (12 September 2008). "Antonio Carluccio, TV chef, stabbed". Retrieved 20 August 2018 – via www.telegraph.co.uk.
  2. "Beloved Italian chef Antonio Carluccio dies aged 80". standard.co.uk. Retrieved 20 August 2018.
  3. Jacobs, Rose (2010-10-04). "Carluccio's bought by Landmark Group". Financial Times. Retrieved 2017-12-27.
  4. "Carluccio's is latest restaurant chain to feel the heat". BBC News. 5 March 2018. Retrieved 7 March 2018.
  5. Robert, Plummer (30 March 2020). "30 March 2020". BBC News. Retrieved 30 March 2020.
  6. "Carluccio's rescue deal results in 1,000 job losses". BBC News. 22 May 2020. Retrieved 22 May 2020.
  7. "Boparan Restaurant Group confirms Carluccio's acquisition". The Caterer. 22 May 2020.
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