Uncertainty over future of Carluccio's restaurants in Kent as axe to be wielded

Italian restaurant chain Carluccio's has cooked up a grim future after it confirmed up to 30 of its sites could be forced to close.

The brand, which has outlets in Tunbridge Wells, Canterbury and Bluewater, says the closures could amount to one in three of its existing estate.

It comes after creditors approved a company voluntary agreement (CVA) where creditors agree to either off-setting repayments, or accepting small sums, in order to keep the business afloat.

Carluccio's grew fast, but now faces coming back down to Earth with a bump
Carluccio's grew fast, but now faces coming back down to Earth with a bump

The company has seen profits plunge after increasing competition on the high street.

It has not identified those restaurants facing closure.

Founded by the Italian restaurateur Antonio Carluccio in 1991, the chain grew from a cafe in London to a national chain with more than 100 outlets.

Carluccio's in Canterbury
Carluccio's in Canterbury

He sold his majority stake in the company in 2005 when it was taken over by the Dubai-based Landmark Group in a deal worth £90 million.

Antonio Carluccio died last November, aged 80.

Restaurant's founder Antonio Carluccio, who died last year, sold his stake in the firm in 2005
Restaurant's founder Antonio Carluccio, who died last year, sold his stake in the firm in 2005

Landmark says it will invest £10m in upgrading those restaurants saved from the axe as it looks to turn the business' fortunes around.

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