BDC's Mezzo di Pasta enters safeguard procedure

Mezzo di Pasta CEO Robert Ostermann confirmed the news on the company's Facebook page, telling clients it had decided to close 10 of Mezzo's 135 restaurants in France. Ostermann blamed the move on the "tough environment resulting in a decrease in footfall," with the 10 restaurants closed being the most affected. The casual dining sector is understood to be going through a difficult time in France.

The business will keep operating as usual and the procedure will allow management to look for other sources of capital support, a spokesperson for BDC told unquote".

BDC took a majority stake in the buyout of French fast-food chain Mezzo di Pasta in July 2011. This was the fifth deal – and the second in France – for BBTPS, a vehicle with £300m under management and to which BDC was appointed manager in 2009. Mezzo was aiming to at least double its number of outlets across France, unquote" reported at the time.

Founded in 2002 in Strasbourg, Mezzo di Pasta is a fast-food chain specialising in pasta dishes.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• France
• Exits
• Consumer
• France
• Bridgepoint