Taylor Wessing has advised its client, Zolfo Cooper, on the sale of 43 Strada restaurants to Strada Trading Limited, a subsidiary of SCP Sugar Limited (an entity within Sun Capital Partners). The sale forms a major part of the restructuring of the Tragus Group, which previously owned Strada.

As well as acquiring the sites, Strada Trading Limited will also employ all associated restaurant and head office staff.

Nick Moser, Head of Restructuring & Corporate Recovery at Taylor Wessing said:

"It has been great to work with our longstanding client, Zolfo Cooper, on this transaction. A cross discipline Taylor Wessing team worked to very tight timescales to close the deal and ensure that an excellent outcome was achieved for all."

The Taylor Wessing team was led by Nick Moser and Restructuring & Corporate Recovery senior associate Amy Patterson. They were supported by, amongst others, Real Estate senior associate James Oliver and Corporate senior associate Clare Peacock.