TRG completes Wagamama acquisition


The Restaurant Group plc (TRG) has announced the completion of the acquisition of the entire issued share capital of Mabel Topco Ltd, the holding company of a group that owns and operates the Wagamama restaurant business .

Further to the announcement made by TRG on 30 October, Allan Leighton has joined the board of directors of TRG as a Non-Executive Director with effect from completion. Leighton will be a member of both the Audit and Nomination Committees of TRG.

Leighton is currently Chairman of Co-operative Group Limited and Entertainment One Limited, among others, and has previously been Chief Executive Officer of ASDA Group Limited and Pandora A/S and Chairman of Pace plc and Royal Mail.

Debbie Hewitt MBE, TRG's Chairman, said, 'We'd like to thank all shareholders for their engagement in this process and we look forward to delivering the benefits of the acquisition. We welcome all Wagamama colleagues and thank them and all of our colleagues at the Restaurant Group for their continued focus on our customers during this busy period.

'We are delighted to welcome Allan to our Board. He brings significant knowledge of the sector, and of the Wagamama team and a wealth of experience in growing consumer businesses.'