UK's Indian Restaurants Major MW Eat Set for Global Expansion with Canadian Acquisition
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UK's Indian restaurants major MW Eat set for global expansion with Canadian acquisition
London, Nov 25 (PTI) MW Eat, which owns some of the UK's most well-known Indian restaurants, on Tuesday announced that it has been acquired by affiliates of Canada-based Fairfax Financial Holdings Limited as part of a global expansion and growth strategy. MW Eat operates Chutney Mary, Amaya and Masala Zone restaurants as well as Veeraswamy, one of London's oldest Indian restaurants attempting to hold on to its historic location on Regent Street.…
Canada's Fairfax Financial acquires owner of UK's oldest Indian restaurant Veeraswamy
HighlightsMW Eat sold to Fairfax Financial Holdings for undisclosed sum.Veeraswamy, opened in 1926, currently locked in court battle with Crown Estate.Founders to continue working with new owners for seamless transition.The owner of Britain's oldest Indian restaurant has been acquired by a Canadian private equity house as it seeks to expand internationally, amid an ongoing legal battle over the historic venue's future.MW Eat, which operates the …
MW Eat, owners of Chutney Mary and Veeraswamy acquired by Fairfax
We do not allow copying of our content which is subject to copyright. Royalty Payments and access to our content is via: NLA media access Limited Lonsdale Gardens WC2H 9JQ Tunbridge Wells Tel: 01892 525273 MW Eat, owners of Chutney Mary and Veeraswamy acquired by Fairfax MW Eat, which owns some of UK’s most acclaimed Indian restaurants, Chutney Mary, Amaya, Veeraswamy and Masala Zone today announced that it has been acquired by certain affiliate…
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