Restaurant chain FishWorks has been bought out of administration by
Boparan said he has plans to grow the business. He has bought the best-performing assets of the business, including the
Boparan owns Boparan Ventures, which was formed two years ago to specifically invest in underperforming businesses with long-term growth potential. He owns a number of other business, predominantly in the food sector, with annual sales of £1bn.
Boparan said: “We’re making a significant investment because we absolutely believe in the business and we believe in the brand.
The upmarket restaurant group fell into administration on Tuesday, after its shares were suspended on AIM earlier this month due to “challenging market conditions”.
The business was founded in 1994 by former fishmonger Mitch Tonk, who left the company last year.
It has 10 restaurants around South East
