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The Food and Drink Business

Entrepreneurs

David Page: After Pizza Express he’s still cooking up a storm

After taking Pizza Express into the FTSE 250, David Page is once again building national restaurant chains such as Gourmet Burger Kitchen and The Bombay Bicycle Club. The new business is called Clapham House and it's one of Britain's fastest-growing companies.

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Giraffe receives 3i funding boost

Restaurant chain Giraffe has received a £10 million investment from private equity firm 3i which will be used to develop the Giraffe brand nationally in the next three years.

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Octopus swallows Perfect Pizza

Octopus Asset Management – operator of the BioScience, Phoenix and Eclipse series of venture capital trusts – has invested £3 million in Perfect Pizza, the UK’s third largest pizza delivery outfit.

Entrepreneurs

Paramount for success?

Paramount 21 is a labour of love for its chairman, Alison Hannaford. Not only does her passion for food underpin her considerable enthusiasm for the business, but there is also an deep-seated emotional involvement.

Entrepreneurs

Eat Natural’s healthy growth

Despite knowing nothing about food retailing, the manufacturing industry or even home cooking, Preet Grewal and Praveen Vijh have created the fastest-growing cereal bar brand in the UK. GrowthBusiness reports on a duo that are giving the giants of the food trade a run for their money.

Entrepreneurs

William Kendall: Breaking the mould

William Kendall turned his back on the army, the legal profession and investment banking to be the driving force behind the business success story of Green & Black’s chocolate, yet he doesn’t consider himself to be an entrepreneur.

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Derry reels in Loch Fyne

Fish restaurants chain Loch Fyne has agreed to a management buyout led by chief executive Mark Derry. The deal, which values the concern at £21.8 million, has been backed by Hutton Collins Mezzanine Partners.

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Matrix tucks into Maynard

Matrix Private Equity has completed its seventh management buyout in just 12 months, investing £2.1 million in Maynard Scotts – the UK’s ‘largest manufacturer of chocolate fudge cake for the food service industry.’

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Hartford gobbles up Beans

AIM-quoted restaurateur Hartford, which runs Jamies bars, has bought American-style chain Henry J Beans for £5.8 million from a consortium of investors including the Guinness Flight, Elderstreet and Chrysalis VCTs.

Entrepreneurs

Innocent Drinks road to success

In the late 1990s, Adam Balon, Jon Wright and Richard Reed came up with the idea of a device to automatically fill your bath, but, on account of the dangerous mix of water and electricity involved, they changed tack and started selling fruit smoothies instead.

Entrepreneurs

Wade Lyn: Expanding a business into other product areas

Wade Lyn founded Jamaican pattie producer Cleone Foods in 1987, intent on bringing Caribbean cuisine to the mainstream market. The business, which employs 44 people, is now looking to expand into other product areas.

Entrepreneurs

Back to the drawing board: Arthur Rackham

To safeguard his father’s 15-strong off-licence chain, James Rackham took the rather courageous step of closing every store bar one. Fortunately business has since thrived.

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