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New Deal


Announced

Completed

EG Group completed the acquisition of Leon Restaurants for £100m.

Financials

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Transaction Value£100m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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fast food chain

Private

Domestic

Majority

Acquisition

Friendly

Restaurants and Bars

United Kingdom

Single Bidder

Completed

Synopsis

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EG Group, a British retailer based in Blackburn, completed the acquisition of Leon Restaurants, a fast food chain based in the United Kingdom, for £100m ($138m). "LEON is a fantastic brand that we have long admired. As established entrepreneurs in the foodservice retail market ourselves, we have a huge admiration for the business that John and the LEON team have built over the years, and firmly believe that their culture and values closely align with our own," Mohsin Issa CBE and Zuber Issa CBE, EG Group Co-Founders and Co-CEOs.

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