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Tom Aikens's restaurants in management buy out

By Emma Eversham , 21-Oct-2008

Tom Aikens's restaurants in management buy out

The chef whose restaurants went into administration last week says the buy out means he will be able to concentrate on developing the business

Tom Aikens is remaining positive about a management buyout of his restaurants and says it will enable him to spend more time developing the business "in and out of the kitchen".

 

Tom`s Kitchen and Tom Aikens Restaurant, both in Chelsea, were placed into administration on October 17 following the closure of the chef`s fish and chip restaurant Tom`s Place in August.

 

Both restaurants were acquired in a management buy out by TA†Holdco, which has been funded by a private investor. The company will now be in charge of developing and growing the business and the Tom Aikens brand. 

 

Aikens said: “I am very excited about the future because I will now be able to spend more time developing the business, in and out of the kitchen. My suppliers have been very supportive of me over 15 years and I look forward to working with them in our new business”.

 

An on-going barrage of complaints from neighbours and the local council forced Tom Aikens to close down his eco-friendly Chelsea restaurant, Tom’s Place earlier this year.

 

Tom Aikens forced to close restaurant

 

 

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