Blackburn’s billionaire Issa brothers have today acquired the healthy fast food chain LEON for reportedly close to £100 million.
Just months after making a record-breaking £6.8 billion deal to purchase supermarket chain ASDA from US shopping giant Walmart, 70 LEON restaurants across the UK and Europe have now been sold to Mohsin and Zuber Issa to form part of their giant petrol forecourt business EG Group.
EG Group said that the acquisition is “complementary” as it seeks to expand the food side of its business, and has plans to open around 20 additional LEON sites a year from 2022.
The deal includes 42 company-owned restaurants, as well as 29 franchise sites, which are mainly found in airports and train stations across the UK – including a Manchester branch based in Manchester Piccadilly station – and a handful of European countries, such as the Netherlands and Spain.
EG Group has also committed to keeping on LEON’s management team and staff.
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EG Group is pleased to announce that it has acquired LEON Restaurants Limited, a prominent British fresh fast food restaurant chain. #EGGrouppic.twitter.com/AatDmQmtAR
Speaking about the acquisition of LEON in a joint statement, the Issa brothers said: “Leon is a fantastic brand that we have long admired.
“As established entrepreneurs in the food service retail market ourselves, we have a huge admiration for the business that John and the Leon team have built over the years, and firmly believe that their culture and values closely align with our own.”
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Mohsin and Zuber Issa started out life as entrepreneurs in a garage, which their dad – who had worked in a woollen mill – bought, before branching out on their own by first renting a petrol station for two years, then buying their first forecourt – a derelict freehold site in Bury in 2001 – and forming Euro Garages.
The EG Group now has almost 6,000 sites across 10 countries, from the UK to the US and Australia.
It runs outlets for Greggs, Starbucks and KFC, and employs 44,000 people.
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EG Groupd / Issa Brothers
LEON was founded in London in 2004 by John Vincent, Henry Dimbleby and Allegra McEvedy, with an importance placed on creating a menu of “healthy fast-food”.
Mr Vincent said that “in some ways this is a sad day for me, to part company with the business I founded 17 years ago in Carnaby Street”, but admitted he was “confident under the new ownership”.
He added that he has “had the pleasure of getting to know Mohsin and Zuber [Issa]” over the last few years.
“They have been enthusiastic customers of LEON, going out of their way to eat here whenever they visit London. They are decent, hard-working business people who are committed to sustaining and further strengthening the values and culture that we have built”.
Mr Vincent also said he is keen to watch the the brand “flourish and have even greater appeal to a broader customer base, especially outside of London”.
Featured Image – LEON
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‘Remember to support genuine independents’ – Manchester’s rotisserie chicken bistro Tartuffe announces closure
Emily Sergeant
Rotisserie chicken bistro Tartuffe has called final orders on its time at popular city centre hangout, Side Street.
Serving some of the best rotisserie chicken in Manchester – ‘sexy chicken’, if you will – Tartuffe first landed at Side Street inside the ABC Building back in the later summer of 2024, and quickly became known and loved by critics and customers alike for not just their rotisserie options, but also their stylish bar snacks and standout sides.
But despite being a roaring success these past two years, Tartuffe took to social media this week to announce the end of the ‘longest pop-up ever’, with its final service being tomorrow (25 September).
Tartuffe will be leaving Side Street this Friday / Credit: The Manc Group
Announcing its closure on Instagram, Tartuffe wrote: “That’s right, our time at Side Street has come to an end and our final service here is this Friday.
“It’s been an incredible two and a half years cooking for the wonderful people of Manchester and we’re hugely thankful to everyone who’s been to see us whilst we’ve been here.
“Another big thanks to the staff at Side Street who we’ve loved working with. We’ve made some great friends and worked with some absolutely brilliant people.
Award-winning Manchester restaurant Another Hand announces closure with ‘immediate effect’
Emily Sergeant
One of Manchester’s most popular intimate restaurants has sadly announced that it’ll be closing its doors with ‘immediate effect’.
Another Hand – which can be found tucked away up on Deansgate Mews – opened back in 2022 to acclaim from critics and customers, as well as scooping up several awards along the way like Best Newcomer at the 2022 Manchester Food and Drink Awards, and places in the Michelin Guide and the Good Food Guide along the way.
Not only that, but the 24-seater intimate casual dining restaurant was also named as one of the best restaurants in Manchester merely three weeks ago by respected publication, Time Out.
Launched by the team behind 3 Hands Deli – which operated from a site two units down – Another Hand was known and loved for focusing on sharing plates made with produce from local ethical growers.
And it seemed to be going from strength to strength, but sadly, the restaurant took to social media yesterday to announce its decision to close ‘with immediate effect’.
Another Hand said in its statement on Instagram: “With heavy hearts we are sad to announce that after five years Another Hand will be closing its doors with immediate effect.
“Unfortunately, as most of us know, the current economic climate for the hospitality sector is facing steep challenges, sadly a familiar story. And after five years of operating within this increasingly challenging environment, we feel it’s time for us to step away.
“This isn’t a decision we’ve taken lightly, but it feels like the right time to bring this chapter to an end.
“We’re incredibly proud of what we’ve built here. From the people who have worked alongside us, to the producers and suppliers who have supported us; and most importantly, everyone who has come through the door and eaten with us…. thank you.