UK - 3i invests in Giraffe restaurant chain

The funding will support a major national roll-out over the next 3 years, as well as facilitating an exit for some of the early angel investors in the business. Giraffe currently operates 11 outlets at locations in and around London, including Spitalfields and Royal Festival Hall, as well as a franchise at Heathrow. The roll-out will deliver 8-10 new openings per year and target high street locations as well as new retail/leisure developments. New restaurants will open in the Trafford Centre, Manchester and thecentre:mk in Milton Keynes in November 2006.

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• Topics
• Expansion
• Consumer
• UK / Ireland