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Carluccio’s is latest to develop taste for CVAs

The Italian restaurant chain founded by Antonio Carluccio is set to become the next casual dining operator to be restructured by means of a company voluntary arrangement.

The Times understands that Carluccio’s has hired KPMG to advise on a CVA to enable the chain to shed or secure a rent reduction on about a third of its 103 UK restaurants.

Carluccio, the chef who died last year, and his then wife opened their first Carluccio’s Caffè in 1999.

Click here for the full Times article (£)

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