Casual Dining Group, the company behind restaurant chains including Bella Italia, Cafe Rouge and Las Iguanas has collapsed into administration.
The company is set to make 1,909 redundancies as it begins to shut down a total of 91 of its sites across the UK with ‘immediate effect’.
James Spragg, CEO of Casual Dining Group, said: “After reviewing all our options with advisors, it became clear that we needed to take this action in order to protect the business and secure the best possible future for Casual Dining Group as we look to conclude a potential sale.
“We are acutely aware of our duty to all employees and recognise that this is an incredibly difficult time for them.
“Working alongside the administrators we will do everything we can to support them through this process with a view to preserving as much employment as we are able to.”
Clare Kennedy of Alix Partners, the administrators behind the closures, said: “We appreciate that this is an extremely difficult time for all those associated with Casual Dining Group.
“Our immediate priorities are to assist those whose employment has been affected by today’s announcement and to secure a sale for the group in order to protect jobs and provide the group’s much-loved brands with a sustainable platform for the future.”
This is a breaking news story. More to follow.