Dirty Martini’s assets acquired by Nightcap PLC
DC Bars Limited, the operator of the ‘Dirty Martini’ chain of cocktail bars and Tuttons Brasserie Limited, has sold certain assets of Dirty Martini to Nightcap PLC for a consideration of up to US$6.4 million (US$5.7 million in cash on completion and a further US$0.7 million payable based on certain conditions being met). The acquisition is being undertaken as part of a pre-pack administration process by the companies.
Dirty Martini are stylish cocktail bars with venues across London, Birmingham, Cardiff, Leeds and Manchester.
Nightcap is a company engaged in the operation of bars and drinks-led hospitality concepts in the UK.
Oaklins Cavendish, based in the UK, advised on the asset purchase agreement to acquire certain of the assets of DC Bars Limited, the operator of the ‘Dirty Martini’ chain of cocktail bars, and Tuttons Brasserie Limited.
Contáctese con el equipo de la transacción
Transacciones relacionadas
Apotheka acquires two pharmacy outlets from Panpharmacy
In a strategic move that signifies the ongoing consolidation and growth within the Latvian pharmaceutical retail sector, Panpharmacy, the parent company of the leading online pharmacy InternetAptieka.lv, has successfully completed the sale of two of its brick-and-mortar pharmacies to Apotheka. These pharmacies, both situated in the capital city of Riga, will continue to serve customers under the Apotheka brand, marking a seamless transition in ownership and operations.
Conozca másRogan’s Shoes has been acquired by Shoe Carnival
The owners of Rogan’s Shoe have sold the company to Shoe Carnival, Inc. This acquisition provides Shoe Carnival a well-scaled entry into the Wisconsin market and a complementary growth channel in work boot and safety footwear.
Conozca másTrive Capital acquires Ten Entertainment Group
Trive Capital has acquired Ten Entertainment Group Ltd.
Conozca más