Boparan Restaurant Group (BRG) has acquired the GBK burger brand and 35 trading sites, saving over 600 jobs in the process.
GBK joins The Cinnamon Collection, Fishworks, Carluccio’s, Slim Chickens, Giraffe and Ed’s Easy Diner, and its purchase gives BRG a 99-strong portfolio of restaurants nationwide with 32 franchised globally.
Satnam Leihal, managing director of BRG commented: “We welcome the GBK team to BRG. This latest acquisition is in line with our strategy to grow our restaurant group with quality brands.
“Whilst it is an extremely challenging time for the sector, we believe quality hospitality businesses will recover in the long term as people return to eating out.”
BRG will also continue GBK’s franchise partnership in the UAE as part of the deal.
GBK was previously owned by Famous Brands, a South African specialist in foodservice franchising that is involved in Wimpy UK. It snapped up GBK for £120m four years ago.
However, the business had struggled and in April this year the company said it was not willing to provide any further financial support to GBK.