Blackburn’s billionaire Issa brothers have today acquired the healthy fast food chain LEON for reportedly close to £100 million.
Just months after making a record-breaking £6.8 billion deal to purchase supermarket chain ASDA from US shopping giant Walmart, 70 LEON restaurants across the UK and Europe have now been sold to Mohsin and Zuber Issa to form part of their giant petrol forecourt business EG Group.
EG Group said that the acquisition is “complementary” as it seeks to expand the food side of its business, and has plans to open around 20 additional LEON sites a year from 2022.
The deal includes 42 company-owned restaurants, as well as 29 franchise sites, which are mainly found in airports and train stations across the UK – including a Manchester branch based in Manchester Piccadilly station – and a handful of European countries, such as the Netherlands and Spain.
EG Group has also committed to keeping on LEON’s management team and staff.
Speaking about the acquisition of LEON in a joint statement, the Issa brothers said: “Leon is a fantastic brand that we have long admired.
“As established entrepreneurs in the food service retail market ourselves, we have a huge admiration for the business that John and the Leon team have built over the years, and firmly believe that their culture and values closely align with our own.”
Mohsin and Zuber Issa started out life as entrepreneurs in a garage, which their dad – who had worked in a woollen mill – bought, before branching out on their own by first renting a petrol station for two years, then buying their first forecourt – a derelict freehold site in Bury in 2001 – and forming Euro Garages.
The EG Group now has almost 6,000 sites across 10 countries, from the UK to the US and Australia.
It runs outlets for Greggs, Starbucks and KFC, and employs 44,000 people.
EG Groupd / Issa Brothers
LEON was founded in London in 2004 by John Vincent, Henry Dimbleby and Allegra McEvedy, with an importance placed on creating a menu of “healthy fast-food”.
Mr Vincent said that “in some ways this is a sad day for me, to part company with the business I founded 17 years ago in Carnaby Street”, but admitted he was “confident under the new ownership”.
He added that he has “had the pleasure of getting to know Mohsin and Zuber [Issa]” over the last few years.
“They have been enthusiastic customers of LEON, going out of their way to eat here whenever they visit London. They are decent, hard-working business people who are committed to sustaining and further strengthening the values and culture that we have built”.
Mr Vincent also said he is keen to watch the the brand “flourish and have even greater appeal to a broader customer base, especially outside of London”.
Featured Image – LEON
Business
Chester Zoo is looking for volunteers to help care for its animals and ‘prevent extinction’
Emily Sergeant
Are you ready to help make a genuine difference? Chester Zoo is currently looking for volunteers to help care for its animals.
The UK’s biggest charity zoo is committed to the recovery of endangered species around the world, and is making a hugely significant contribution to conservation at a time when it’s needed most… but it can’t do this alone, and that’s why it’s calling on people to volunteer and spend a year of their education gaining ‘invaluable’ work experience.
Chester Zoo is offering a number of year-long Animal Husbandry Voluntary Work Placements for those currently studying for degrees relevant to the industry.
During these placement years, candidates will get comprehensive practical training by Chester Zoo specialists covering a wide range of subjects, and receive on-the-job experience in the husbandry of the species they’re working with, taking on plenty of hands-on husbandry tasks along the way.
Chester Zoo has been named the best zoo in the UK for 2024 / Credit: Chester Zoo
Candidates will be assigned to one of the animal keeping sections for the year – specialising in either birds, mammals, reptiles, amphibians, or invertebrates.
The ideal candidates for these placement years will have an interest in all aspects of animal husbandry and the work of Chester Zoo, an ability to work as an individual or as part of a team, excellent communication skills, and have the ability to financially support themselves for the duration.
The working hours for placement volunteers will be full-time, working five days out of seven, including alternate weekends, on a rota basis, but it’s worth it as Chester Zoo says many of its past placements have gone on to follow careers in zoos.
Full uniform will be provided by the Chester Zoo, along with free lunch vouchers for the days you attend.
The news that Chester Zoo is seeking volunteers comes after it was also announced that the zoo is giving out more than 30,000 free tickets to children, offering them the chance to visit the incredible facilities on offer without having to spend a penny.
Applications for the positions are now open, and applications from individuals living outside of the UK are welcome, but they will be expected to fund your own travel and relocation costs if successful – with the closing date being 10 March.
Assessment days for the placements are anticipated to take place on 4 or 11 April, and you can find out more and apply here.
Featured Image – Chester Zoo
Business
Sneak peak inside swanky new homes ready to rent in an up-and-coming Greater Manchester town
Emily Sergeant
Dozens of swanky new homes are now available to rent in an up-and-coming Greater Manchester town.
A collection of exciting first look images have been released of the new homes.
The reboot of the former derelict market precinct in the suburban Bolton town of Farnworth is being spearheaded by Capital&Centric, and the social impact developers behind the project are now giving prospective renters a sneak peak into the developed.
Dubbed Farnworth Green, the new community consists of 97 rental homes, made up of a super energy-efficient range of townhouses and apartments.
The development will be comprised of a mix of one, two, and three-bedroom properties, with 85 stunning apartments and 12 family homes – all of which have been designed with the same high-quality features that are usually reserved for Capital&Centric‘s city centre spaces.
Designed for renters, the dozens of new homes come with even more living space, as well private gardens to be enjoyed when the sun makes an appearance, and potting sheds for all the green-fingered people out there.
Residents will also have access to the exclusive rooftop garden, gym, lounge, co-working spaces, and dog washing stations for their four-legged friends.
The two-bed apartments are packed with Scandi-designed HAY furniture and massive floor-to-ceiling windows to flood the rooms with light, while the the top-spec kitchens are kitted-out with all the mod-comms and latest appliances you would expect.
The new townhouses, on the other hand, will be the first to be delivered under the developer’s ‘Neighbourhood’ brand.
Pioneering new homes at Farnworth Green are now available to rent / Credit: Capital&Centric (Supplied)
This includes Bolton’s first-ever operationally net zero homes, aiming to ‘slash’ energy bills for residents.
A raft of independent bars, eateries, and shops will also be taking shape on the ground floor of the community hub, giving locals and residents a place to meet up and enjoy seasonal outdoor events that will be planned once the neighbourhood is up and running.
Residents will also be able to spend time in a brand-new public square at the heart of the community, which will play host to artisan markets, art shows, and foodie pop-ups.
A collection of exciting first look images have been released of the new homes / Credit: Capital&Centric (Supplied)
“We’re buzzing to see the new homes come to life at Farnworth Green,” commented Tom Wilmot, who is the joint Managing Director of Capital&Centric.
“Farnworth Green is all about creating new and exciting spaces for businesses and the community to spend time in, as well as delivering a pioneering new town centre living experience and giving disused retail areas a new lease of life.”