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Wednesday, May 30, 2012
News Making Money

Popolo Leisure buys remaining parts of Principle Leisure (North East)

06/02/2012 08:50 (114 Day 08:39 minutes ago)

The FINANCIAL -- Popolo Leisure has bought the remaining parts of Principle Leisure (North East), which was previously part of Washington-based Principle Leisure Group, which went into administration last year.

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According to Caterer and Hotelkeeper, the deal includes five bars and restaurants: Popolo, Newcastle; Popolo, Sheffield; San Lorenzo, Gosforth; San Lorenzo, Cramlington; and Establishment, Sunderland.

Administrator Begbies Traynor has operated the business under licence since it went into administration in April 2011.

 

 

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