Novus Leisure buys Rocket Restaurants

By Sophie Witts contact

- Last updated on GMT

Rocket in Canary Wharf
Rocket in Canary Wharf

Related tags: City of london, London, Novus leisure

London bar and restaurant operator Novus Leisure has bought three Rocket Restaurants sites for an undisclosed sum.

The company has struck a deal with James Horler, CEO of 3Sixty Restaurants – owner of the Rocket brand - which will complete on 30 January 2017.

It includes the three London Rocket sites at Canary Wharf, Adam’s Court and Bishopsgate, while Rocket’s Nottingham will join Horler’s Ego Restaurants group.

Horler said: “The sale of Rocket to Novus makes a lot of sense. We are very focused on an organic self-funded growth of Ego in pubs throughout the regions and have opened six sites already with another two in the immediate pipeline. This will take the Ego estate to fifteen.”

Novus Leisure operates 42 bars, restaurants and late-night venues including the Tiger Tiger brand and Balls Brothers of London.

Toby Smith, CEO of Novus Leisure, said: “Not only will this acquisition strengthen our estate in the City of London, it will also create an exciting opportunity to operate in Canary Wharf for the first time in the company’s history.”

Related topics: Business, Venues, Restaurants

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