Prezzo to open 11 restaurant before the year end

Casual Italian dining group Prezzo has announced it will open a further 11 new restaurants in the run-up to the New Year.

The new locations will be in Farnborough, Blackpool, Wickford, Staines, Newport, Redditch, Yate, Bridgnorth, Abergavenney, Tewkesbury and Malvern, taking the total number of Prezzo restaurants in the UK to 230. The first to open will be Farnborough in which it started work on in July.

Dirk Eller, interim chief executive at Prezzo said: “We are delighted to be opening 11 new restaurants by year end and creating so many additional jobs.

“The restaurants are in locations where we are not yet represented and we look forward to opening our doors and welcoming in many new guests.

“Our restaurants continue to prove very popular and we believe there is significant scope to open more Prezzo restaurants in the months and years to come.”

Texas private equity firm TPG Capital bought Prezzo at the start of this year, with co-founder Jonathan Kaye stepping down to a non-executive role in June this year. The new openings will increase the brands number of restaurants to 270 including its Chimichanga sites.