Landmark Group snaps up Italian restaurant chain Carluccio’s in €109m takeover

ITALIAN restaurant chain Carluccio’s has agreed to a £90.3 million (€109.7m) takeover by Middle Eastern retail giant Landmark Group.

Dubai-headquartered Landmark has offered 142p a share in cash for Carluccio’s, which has 47 restaurants and food shops in the UK.

Carluccio’s – founded by celebrity chef Antonio Carluccio and his wife Priscilla in 1991 – said the deal “represents an attractive premium, in cash, at a time of macro-economic uncertainty”.