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
Business
Manchester Marathon found fresh community fund following milestone charitable efforts
Danny Jones
The Manchester Marathon has begun a new community fund following more than a decade of incredible charity efforts.
Known as the Trafford Active Fund for the last 10 years or so, the initiative covers not only the city and its wider boroughs’ annual 26.2-mile long race, but various other sports and activity-based schemes across the region.
Now, though, the fresh Manc Marathon Fund is evolving in partnership with the existing Trafford Moving Fund and MCRactive arm of Manchester City Council by expanding its vital charity work further afield than ever before.
Launching ahead of the 2026 event this spring, runners will once again be behind crucial funding across the Greater Manchester region and beyond.
The new Manchester Marathon Community Fund logo (Credit: Supplied)
For context, back in 2024, the MCR Marathon raised nearly £30 million for the local economy and roughly £3.7m for charities like the Alzheimer’s Society; last April, that figure surpassed more than £4m, and the fundraising numbers only continue to increase with every year.
With that in mind, more than £60k is distributed to various partner programmes that “inspire movement, improve wellbeing, and create meaningful change for local people”.
Moving forward, not only will £1 from every paid entry into the Manchester Marathon and Manchester Half continue to go directly into the Manchester Marathon Community Fund (MMCF).
Andrew Smith, Chief Executive of A.S.O. UK – organisers of the MCR Marathon and Half – said: “We’re incredibly proud of the positive impact the Trafford Active Fund has delivered locally over the years, and we’re excited to extend that impact across both Trafford and Manchester City [Centre].
“By broadening our reach, the MMCF will help even more people to get active and contribute to a legacy of movement and wellbeing. Our relationship with Trafford remains as strong as ever, and we look forward to continuing to support the brilliant community projects that make a real difference there.”
Community groups and projects in Trafford or the City of Manchester can apply for funding via the Trafford Moving Fund and MCR Active (dependent on their location).
A panel from each organisation reviews applications and selects projects that best demonstrate lasting impact.
We share stories from funded projects throughout the year, so you can see the difference your event entry makes.
We love how much the North West regularly dedicates its charitable efforts, both socially and physically, towards important causes throughout the year.
Featured Images — Press shots (supplied via Manchester Marathon/ASO UK)
Business
Deansgate bar Simmons closes just over a year after opening
Danny Jones
London-born bar brand Simmons has closed their Manchester site just over a year after opening their first Northern location.
They’ve lasted roughly 15 months on one of our busiest nightlife strips.
Opening on Deansgate back in October 2024, Simmons Manchester wasn’t just their first foray here up in this half of the country but their only other venue outside of the capital.
An otherwise well-established and popular chain down south, they have a total of 15 different bars in central London, but things clearly haven’t quite taken off as planned here in Manchester.
Placing a poster in the unit’s shopfront besides the likes of Be At One, Yours, The Moon Under The Water Spoons and the Deansgate branch of Slug and Lettuce, as you can see, the fellow franchise founded over a decade ago said: “After much consideration, we’ve made the difficult decision to close our doors.
“It’s never easy to say goodbye”, they add, “We’re incredibly proud of what the team built here and so grateful to them, as well as everyone who joined us over the past year.
“We’ve had some unforgettable nights. We love Manchester, and we hope to be back under the right conditions.”
They go on to thank everyone for being “part of the journey”, but for now, it looks like the room has closed effective immediately.
Simmons started back in 2012 when founder Nick Campbell opened the first bar below his flat in Kings Cross, and their presence has grown hugely since then. The closing sign was spotted and shared on social media earlier this week.
Offering everything from stylish cocktails to New York-style pizza, live music and even private karaoke booths, the place had plenty going on.
With rising business rates, energy bills and more dovetailing with the continuing cost of living crisis that is still hampering both hospitality and the nightime economy, they are just one of many to unfortunately close their doors of late.
For instance, it was only earlier this month that we saw multiple well-known names shut up shop here in the city centre or elsewhere in Greater Manchester, including another long-standing late-night favourite, Revolution.
It’s a shame for any business to close, and we certainly hope they’ll return someday with a model that can be sustained in the current climate.