Boparan purchases Cinnamon Club
Ranjit Singh Boparan’s restaurant arm, Boparan Restaurant Holdings, acquired the three-strong prestigious Cinnamon Collection chain in January this year.
The deal included restaurants The Cinnamon Club, Cinnamon Kitchen and Cinnamon Soho.
Boparan said: “We invest in businesses that add value to our restaurant portfolio, and Cinnamon Collection represents an appealing proposition for our customers.
“We believe the business has significant potential for further growth and look forward to working with [executive chef] Vivek and his team to scale the business.”
Boparan Restaurant Holdings invested £10M into Cinnamon Collection in June, with plans to expand the business over 10 new sites by 2017.