Carluccio’s Heads for Administration as Virus Shuts Restaurants

Italian restaurant chain Carluccio’s has appointed FRP Advisory to look at insolvency options after it was forced to close its eateries because of the coronavirus pandemic, according to an article in the Financial Times.

The UK-based firm, with more than 100 outlets and 2,000 employees, is expected to go into administration within days, according to two people involved in the discussions, the FT said on Friday. Carluccio’s declined to comment, according to the FT.

Separately, The Restaurant Group has announced it will put its Chiquito and Food & Fuel brands into administration, affecting around 1,500 jobs. Byron, the burger chain, appointed advisers on Thursday.

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Jack Wittels in London at jwittels1@bloomberg.net

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Alaric Nightingale at anightingal1@bloomberg.net

Stephen Voss, James Amott

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