164 (as of September 2019) Website: https://www.zizzi.co.uk: Locations. Zizzi has restaurants in King Street, Nottingham, and Castle Gate, Newark. Since its foundation, PizzaExpress has specialised primarily in handmade pizza in the traditional Italian style. Here's a round-up of what we know so far. Cinven has reportedly started to sell off the individual chains within Gondola after concluding that it would be too difficult to find a buyer for the entire business, according to the Financial Times. Dietary & Allergen Menus . Expansion of the British restaurant chain into the Asia market is seen as key for its growth, Find your bookmarks in your Independent Premium section, under my profile. British restaurant chain Pizza Express has been bought by a Chinese equity firm for about £900million. [31] The first restaurant was launched at the Fenchurch Street site in February 2019. Rustica Piccante. Pizza Express, Zizzi, and Ask Italian to close restaurants across the UK. The restaurant closures mean 1,100 jobs are now at risk of being axed. The owners of Zizzi and ASK Italian have become the latest restaurant business to feel the financial effects of the coronavirus epidemic. [26] Francesco Mazzei, of L'Anima, came on board in 2010 to develop a menu inspired by the cuisine of Calabria. Rustica Sofia . The chain had been experiencing financial difficulties arising from a downturn in consumer demand for eating out. The Azzurri Group is a market leader in the Italian casual dining sector, operating ASK Italian, Zizzi and Coco di Mama. ... Pizza Express is reportedly planning to axe around 75 sites across the UK. Image: Bridgepoint, which owns Fat Face, ... while Zizzi has 135 outlets, with both businesses performing strongly as the UK economy has improved. Pizza Express, which also has a branch at Brewery Square, is reportedly planning to axe around 75 sites across the UK. Pizza Express is also reportedly planning to axe around 75 sites across the UK. Sliced up: Ask Italian and Zizzi pizza chains cut 75 restaurants following the coronavirus pandemic, causing loss of up to 1,200 jobs. Read more about Peter's story Our passions. Private equity giant Cinven has agreed to sell its portfolio of Ask Italian and Zizzi restaurants to Pret a Manger-owner Bridgepoint for £250m.The deal … [5], In 1969, jazz performances began at its Dean Street restaurant, London. The food is pretty reliable and fairly priced for English prices! The restaurant group was reported to have a debt pile of £1.1 billion. [13][14] In July it was announced that "dozens" of the closed restaurants would not be reopening. Start your Independent Premium subscription today. See how the same PizzaExpress values of great food, evocative music, and distictive design have remained in our DNA since 1965. The sale comes as The Gondola Group - which also owns UK pizza chains Zizzi and ASK Italian - opened the first Pizza Express restaurant in the Chinese capital Beijing earlier this … [7] Additionally, the company owns the brand name Marzano. Meat eater? PizzaExpress introduced the lighter pizza Leggera, the first pizza range on the high street that contains around 500 calories. Want an ad-free experience?Subscribe to Independent Premium. The owner of Ask Italian and Zizzi pizza chains will not reopen around 75 of its restaurants following the coronavirus pandemic, resulting in the loss of up to 1,200 jobs. llll Pizza Express discount codes for May 2020 Verified and tested voucher codes Get the cheapest price and save money - hotukdeals.com. If so, it's time for pizza! ... which also owns the Coco di … It previously owned PizzaExpress, Zizzi, ASK Italian and Byron. British restaurant chain Pizza Express has been bought by a Chinese equity firm for about £900million. Gondola Holdings, the restaurant group that owns the Pizza Express, Zizzi and ASK chains, said yesterday it had received a takeover approach that valued the company at £559m.Author: Hans Kundnani. Read more about Peter's story Our passions. [19] In 2005, PizzaExpress floated on the London Stock Exchange, as part of Gondola Holdings. In July 2020, the business was taken over by its bondholders under a debt-for-equity swap with previous owner Hony Capital. The Group employed approximately 15,000 people, serving over 74 million meals a year (42 million in restaurants and a further 32 million retail) in the UK and Ireland alone. The chain, founded by brothers Adam Kaye and Samuel Kaye in 1993, and floated on AIM in 1995, was the subject of a public-to-private deal in 2004, after which it was merged with Pizza Express to form Gondola Holdings, which was later part of the Gondola Group, and was acquired along with Zizzi for £250 million by Bridgepoint Capital in February 2015.. On 28 May 2020, select London restaurants reopened for delivery services as the government began to lift lockdown restrictions. 3 courses for 17.95. Pizza Express confi… Beijing-based Hony Capital’s deal with Gondola Group, … [15] The next month, it was announced that the company is set to close around 67 restaurants throughout the UK and also cut 1,100 jobs. It has over 470 restaurants across the United Kingdom and 100 overseas in Europe, Hong Kong, China, India, Indonesia, Kuwait, The Philippines, The United Arab Emirates, Singapore and Saudi Arabia. ... with Pizza Express being sold to … Treat yourself to our signature Rustica pizzas, hand-stretched that bit further for a bigger base, crispier texture & even more toppings. Zizzi pizza chains cut 75 restaurants... pizza Express, Zizzi, Castle! ] [ 14 ] in July 2020, the partnership has raised over £500,000 to refresh improve. 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