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£20m to fuel Brasserie Bar Co expansion
Brasserie Bar Co - the owner of the Brasserie Blanc and White Brasserie Company brands - has secured £20m of fresh investment in order to fuel its expansion strategy.
The group is looking to expand the portfolio of both brands over the coming five years after generating new equity through investor Core Capital, with 40 sites targeted by 2016. Brasserie Bar Co chief executive officer Mark Derry said: "This capital injection will allow for more rapid expansion of our brasseries businesses.
"While by no means immune to difficulties in the wider economy, operators in the premium casual dining sector who are able to offer quality of service and product continue to perform well."