Kout Food Group turns to DCL to help with purchase of Little Chef brand
August 5, 2013
DCL the leisure specialists have provided comprehensive property due diligence and strategic advice to Kuwaiti-based foodservice firm Kout Food Group on its purchase of 78 of the 80-strong Little Chef restaurant estate from private equity firm R Capital.
This is the latest expansion for Kout Food Group, which already has a substantial interest in the UK food industry including over 40 Burger King and KFC outlets as well as artisan bakery brand, Maison Blanc. Kout also operates more than 100 fast food sites in the Middle East, which includes Burger King, Pizza Hut franchises, Applebees and Taco Bell as well as some of its own brands such a Scoop a Cone and Ayyame.
Trevor Watson, Director at DCL said: Our unique understanding of the leisure market coupled with our extensive knowledge of the Little Chef portfolio which we have acquired over the last ten years – proved highly valuable in helping Kout with this acquisition. Little Chef is an iconic brand and we look forward to assisting Kout with its strategy for the business going forward.