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Billionaire Asda owner brothers buy fast food chain for £100million

Billionaire Asda owner brothers buy fast food chain for £100million Mohsin Issa and Zuber Issa have secured more than 70 Leon restaurants across the UK and Europe Updated Billionaire brothers Mohsin and Zuber Issa have secured a deal for fast food chain Leon (Image: Lancashire Telegraph / SWNS.com) Our Liverpool Echo newsletter is sent three times a day, PLUS breaking news updatesInvalid EmailSomething went wrong, please try again later. Sign up now When you subscribe we will use the informa...
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Asda's New Owners Acquire Leon

19th April 2021 EG Group, the forecourt operator whose billionaire founders recently acquired Asda, has bought healthy fast-food chain Leon for £100m. Founded in 2004, Leon tapped into demand for healthier food, growing to a total of 71 company-owned and franchised restaurants, mainly across the southeast of England and a handful of European countries. However, the business, which generated sales of £115m in 2019, launched a restructuring plan at the end of last year to help it survive th...
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Leon bought by billionaire Issa brothers for £100m

Leon bought by billionaire Issa brothers for £100m Takeover of healthy fast food chain by EG Group follows the £6.8bn swoop on Asda and attempt to win control of Caffe Nero 18 April 2021 • 1:52pm Leon, the fast food chain co-founded by Boris Johnsons food tsar Henry Dimbleby, has been snapped up by the billionaire Issa brothers in a deal set to net its founders a multi-million pound fortune. EG Group, the petrol forecourts operator owned by Mohsin and Zuber Issa, said it has acquired t...
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