The Ivy Collection, Annabel’s and Scott’s have been sold in a £1.4b deal to Diafa, an Abu Dhabi-based hospitality investor whose interests include Zuma and Roka.
The sale brings together a group of some of London’s best-known restaurants and private members’ clubs under new ownership, as Diafa continues to build its global F&B portfolio.
Richard Caring, the businessman behind the group, will remain executive chairman. As reported by the Financial Times, the 77-year-old built his hospitality empire over several decades after starting out in the fashion trade, assembling a portfolio that spans restaurants, bars and private members’ clubs.
According to reports in The Times, the group will now seek to expand the Ivy Collection into the US.
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