Nearly half of Byron’s remaining 21 restaurants will be shut if a pre-pack administration engineered by owner Calveton is completed, Sky News understands.
Nearly half of Byron’s restaurants are to close in the burger chain’s latest brush with insolvency.
Sky News has learnt that close to ten of its 21 remaining sites will shut their doors permanently as part of a pre-pack administration engineered by Calveton, its current owner. A deal could be struck with administrators at Interpath Advisory as soon as this week, according to insiders. last collapsed at the height of the COVID-19 pandemic, resulting in Calveton taking control of the business.At its peak, Byron operated scores of sites across the UK, and was among a deluge of restaurant chains which expanded too aggressively.More from Business
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