Carluccio's

Carluccio's Ltd
Company typeItalian Restaurant
IndustryHospitality
Founded1999; 25 years ago (1999) in London, England
FounderAntonio Carluccio
HeadquartersLondon, England, UK
Area served
UK, Ireland, Middle East and US
Key people
Mark Jones, CEO
ServicesRestaurant and food shop
OwnerBoparan Restaurant Group
Websitewww.carluccios.com
Carluccio's, Garratt Lane, Earlsfield, London

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

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 handling 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 2,000 jobs at risk.[5] The administrator looked 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 was acquiring the Carluccio's brand and taking over 30 of the 71 outlets, with the remainder closed.[6][7]

In June 2021 Boparan announced plans to open 500 new restaurants over five years under the brand Caffè Carluccio's.[8]

References

  1. ^ Allen, Nick (12 September 2008). "Antonio Carluccio, TV chef, stabbed". Retrieved 20 August 2018 – via www.telegraph.co.uk.
  2. ^ a b "Beloved Italian chef Antonio Carluccio dies aged 80". standard.co.uk. 8 November 2017. Retrieved 20 August 2018.
  3. ^ Jacobs, Rose (4 October 2010). "Carluccio's bought by Landmark Group". Financial Times. Retrieved 27 December 2017.
  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.
  8. ^ "Boparan plans to open 500 Caff Carluccio's in..." The Caterer. 3 June 2021. Retrieved 5 September 2021.

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