Giraffe World Kitchen

Giraffe World Kitchen
Subsidiary
Genre Restaurant and Cafe chain
Founded 1998
Founder Juliette Joffe, Russel Joffe, Andrew Jacobs
Headquarters United Kingdom
Parent Boparan Holdings
Website www.giraffe.net

Giraffe World Kitchen is a United Kingdom restaurant and cafe chain, founded in Hampstead as Giraffe Restaurants in 1998 by Juliette Joffe, Russel Joffe and Andrew Jacobs. Giraffe was owned by its founders, with additional financial backing from private shareholders, 3i investment group and chairman Luke Johnson.

3i invested £10 million in the company in October 2006, in a deal that valued the chain at £24 million.[1] On 13 March 2013, it was announced that the chain was to be acquired by Tesco for £48.6m.[2] As part of the acquisition, 3i and Risk Capital Partners sold their shares in the company.[3]

In June 2016, Tesco reached an agreement to sell the company to Boparan Holdings.[4]

Branches

Giraffe at Trinity Leeds

The company has 48 outlets across the United Kingdom, including fifteen in London. The company's first outlet in Scotland is in Aberdeen's shopping development, Union Square. A second opened at Silverburn Shopping Centre in Glasgow on 30 June 2014.[5] In Autumn 2014, branches opened at Tesco stores in Bournemouth, Inverness and Poole.

It was announced in January 2016 that four restaurants will be closing or moving over to the café brand Tesco Family Dining. The four that closed were Silverburn, Newcastle, Poole and Swindon. It was further announced in March 2016 another seven restaurants would close, including those in York, Martlesham, Bournemouth and Sutton.

After selling Giraffe, Tesco announced the closure of all branches located within their stores. In September 2016, the company introduced a new brand, Giraffe World Kitchen, beginning with its Basingstoke branch.[6]

References

  1. ↑ Walsh, Dominic (6 October 2006). "3i to put £10m into restaurants". London: The Times. Retrieved 15 June 2009.
  2. ↑ "Tesco acquires award-winning restaurant group Giraffe". Tesco PLC. Retrieved 13 March 2013.
  3. ↑ "Tesco buys Giraffe restaurants". BBC. 13 March 2013. Retrieved 2 June 2014.
  4. ↑ "Tesco sells Giraffe restaurant chain and Turkish business". BBC News. 10 June 2016. Retrieved 10 June 2016.
  5. ↑ "Glasgow Silverburn". Giraffe.net. Archived from the original on 8 July 2015. Retrieved 10 February 2016.
  6. ↑ Wingett, Mark (20 September 2016). "Giraffe trials new look". Big Hospitality. Retrieved 2 January 2017.
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