Luke Johnson, the serial entrepreneur, has announced his acquisition of a majority stake in London based Japanese restaurant group Feng Sushi.
Johnson, a former chairman of Channel 4 and Pizza Express, is now a 92.5 per cent owner of the business, having acquired shares from five other investors. The only other shareholder is chef, managing director and Feng Sushi co-founder Silla Bjerrum.
Feng Sushi said today that Johnson’s goal is to facilitate the chain’s expansion, as well as to undertake a ‘significant refurbishment’ and branding upgrade of the existing restaurants.
Feng Sushi currently has six sites, Fulham, Kensington, Notting Hill, the South Bank, Camden and Borough Market, but the company is actively seeking new locations in Canary Wharf, the City, Chiswick and Clapham.
Johnson said: “I’ve been a customer of Feng Sushi for several years and have regularly used the delivery service from the Notting Hill branch. You could say that I like the company so much that I want to be part of its future growth. I believe there is huge potential, particularly in the online booking and delivery areas of the business.”