BusinessBusiness RecoveryTom Aikens restaurants out of administration after MBO

Tom Aikens restaurants out of administration after MBO

Michelin-starred chef forced to put eateries into administration before management buyout by private equity players

Tom Aikens, the celebrated chef, has been forced to put his two flagship
restaurants into administration.

Suppliers, believed to be owed thousands of pounds, found out last weekend
that the two companies were in trouble,
according
to Bloomberg
.

Tom’s Kitchen and Tom Aikens are still trading, but are now in the hands of
private investors after a management buyout through an investment vehicle called
TA Holdco Ltd.

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