Little Chef bought by Kuwaiti firm
August 5 , 2013
The Little Chef chain of roadside restaurants have now been bought by a Kuwaiti restaurant group. The company went up for sale after six years of being rescued by administration and the chain had been struggling to compete with the supermarkets and fast food chains for a while.
The Kout Food Group Restaurant UK Limited has bought The Little Chef for £15m. According to the seller, venture capital group RCapital, they are specialists at fixing the fortunes of business with substantial financial and operational problems and it's their business to rebuild them. The seller also said the new owner will take the brand to the next stage.
KFGR-UK said it has big plans for its newly owned company and Little Chef will benefit from brand renewal.