Deep Blue Restaurants has acquired fish and chip shop chain Harry Ramsden's from the Boparan Restaurant Group.
The Irish Examiner quotes Deep Blue Restaurants founder and CEO James Low as saying, "We are delighted with this transaction which has accelerated our growth, making us the largest player in the market by a considerable margin.
"Our immediate focus will be on the integration of the business into the Deep Blue organisation.
"Our amalgamation with Harry Ramsden's is a key milestone in our development, but we remain committed to exploiting the unparalleled opportunities within the sector for further expansion."
"An Important Strategic Move"
The Boparan Restaurant Group will retain an interest in the enlarged business as part of the deal.
Boparan Restaurant Group CEO Tom Crowley commented, "This is an important strategic move for BRG, and one which enables us to simplify our future business and allow us to focus on the opportunities for our core brands of Giraffe, Ed's Easy Diner, Fishworks and the roll out of Slim Chickens whilst still retaining an ongoing interest in the fish and chip sector."
© 2019 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.
