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Taylor Wessing advises Casual Dining Group on the acquisition of La Tasca

17 Sep 2015

Taylor Wessing has advised its client, Casual Dining Group, on the acquisition of La Tasca, the Spanish restaurant chain, from Kaupthing.

This latest purchase follows the acquisition of the 41 strong Las Iguanas restaurant business in July, upon which Taylor Wessing also advised.

The addition of La Tasca to Casual Dining Group’s portfolio, increases the group’s UK wide foot print to 280 restaurants, cementing its position as the UK’s leading privately owned casual dining business.

The acquisition comes as Casual Dining Group sets about delivering its organic growth plan, which will see 52 major refurbishments completed on its existing estate within the next six months and 30 new restaurants open within the next 12 months.

Beyond this, the company has confirmed a very strong pipeline of new restaurant openings driven by the strong demand it is experiencing from leading landlords, who are keen to secure CDG’s brands on leisure parks, shopping and travel hubs and prime high street locations.

Edward Waldron, Richard Bursby and Edward Story led the Hotels & Leisure team at Taylor Wessing.

Edward Waldron led the Taylor Wessing team and was supported by Martin Yells, Rob Young, Edward Story, Adam Griffiths, Mel Wilkins, Julia McKendry, Hassan Zawawi, Lerika Joubert, Gareth McCarter, Katie Horbury, Malti Shah, Stephanie Creed, Adam Rendle, Catherine Ferrity, Georgie Patterson, Anna Humphrey and Kate Keeling.

Matter Type
Asset Sale: Acquiror's Counsel
Industry
Sport & Leisure
News Category
M&A
Real Estate & Construction