October 01, 2014 10:35 PM ET

Hotels, Restaurants and Leisure

Company Overview of Tragus Ltd

Company Overview

Tragus Ltd. operates a chain of restaurants in the United Kingdom. Its menu includes lunch, drinks, wine, pizza, pasta, grill products, desserts, breakfast, bread olives, salads, starters and sharing products, flatbreads, and sides and extras. The company was founded in 2002 and is based in London, United Kingdom. Tragus Ltd. is a former subsidiary of Whitbread PLC.

163 Eversholt Street

London,  NW1 1BU

United Kingdom

Founded in 2002

Phone:

44 20 7121 3200

Fax:

44 20 7121 3222

Key Executives for Tragus Ltd

Chief Executive Officer
Age: 57
Chief Financial Officer
Group Human Resource Director and Member of Management Board
Age: 49
Director of Property and Member of Management Board
Member of Management Board and Managing Director of Bella Italia & Strada
Compensation as of Fiscal Year 2014.

Tragus Ltd Key Developments

Prezzo Reportedly Eyes Strada

Prezzo plc (AIM:PRZ) reportedly eye Strada Ltd. of Tragus Ltd. Prezzo is understood to be among a pack of suitors assembling bids for the company. Tragus required a financial bail-out after it was saddled with £325 million of debt used to finance a takeover by Blackstone, the private equity house in 2006. It is expected to face rival interest from private equity and well-known entrepreneurs such as Richard Caring, whose Caprice Holdings group.

Tragus Reportedly Plans To Sell Strada

Tragus Ltd's (Tragus Group), the owner of the Café Rouge Limited (Cafe Rouge) and Strada Ltd. (Strada) is preparing a sweeping financial restructuring that will result in the break-up of one of the UK’s biggest restaurant operators. Sky News has learnt that Tragus Group is considering the launch of company voluntary arrangements (CVAs) that would enable it to shed or restructure some of its rent obligations at Cafe Rouge and Bella Italia, another of its businesses. It is also poised to launch a sale process for Strada. Restaurant industry sources said that Tragus could make an announcement about the restructuring proposals as soon as June 4, 2014. Zolfo Cooper, a professional services firm, is understood to have been lined up to oversee the financial overhaul. Spokespeople for Tragus and Zolfo Cooper declined to comment.

Similar Private Companies By Industry

Company Name Region
The Capital Pub Company PLC Europe
The Garth Hotel Europe
If Only Holidays Ltd Europe
The Pack Horse Inn Europe
Prestige Hotel Management Limited Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Tragus Ltd, please visit www.tragusgroup.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.