French-style restaurant chain Bistrot Pierre has introduced the instant closure of eight UK venues, together with two within the northwest.
The affected places are Birmingham, Coventry, Kidderminster, Leamington Spa, Mere Inexperienced, Newport, Preston and Southport, and end in 158 job losses.
The remaining ten Bistrot Pierre eating places will proceed operations, safeguarding 394 jobs, below the possession of Cherry Fairness Companions, a UK-based personal fairness funding firm.
Based in Nottingham in 1994 by John Whitehead and Robert Beacham, the French chain has confronted financial challenges, with inflation cited as a major issue within the latest closures.
In Southport, a discover knowledgeable patrons of the closure, stating: “Will Wright and Ryan Grant of Interpath Advisory have been appointed joint directors of Bistrot Pierre 1994 Restricted on 7 March 2025. The restaurant is now closed.”
Bistrot Pierre was backed by mid-market London-headquartered personal fairness agency Livingbridge, and bought out of administration in 2020.
For the 12 months ended 30 June 2023, the chain’s turnover dropped to £24m ($25.9m) from £28m within the earlier yr. Pre-tax loss was £2.5m in contrast with £670,000 one yr earlier.
Cherry Fairness Companions CEO Ed Standring said: “This funding marks our second acquisition in as many months, and underscores our deep dedication to the UK hospitality sector – an business we’re extremely keen about and one we consider is stuffed with alternative. Bistrot Pierre is a well-loved bistrot, bar and boutique rooms enterprise with an awesome heritage, and we’re wanting ahead to working with Nick and the group to take a position and develop the enterprise.”
“Bistrot Pierre closes eight eating places in UK” was initially created and printed by Verdict Meals Service, a GlobalData owned model.
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