Jamie Oliver Restaurant Group placed into voluntary administration
Published: 16 April 2018 Image credit: Reuters
The Jamie Oliver Restaurant Group has confirmed that it has been placed into voluntary administration – less than two years after the company assumed control of Jamie’s Italian restaurants in Australia.According to the statement, Jamie’s Italian Canberra will close “with immediate effect” and their five other national locations will be taken over by the Brisbane-based Hallmark Group.
A representative of the Hallmark Group, Rebecca Gibbs, said there will be “some redundancies as part of the restructure” but she insists all staff will be paid their wages.
COO of Jamie Oliver Restaurant Group Australia Ben Shaughnessy expressed his support of the new partnership.
“Australia has and continues to be one of our best performing international markets,” Mr Shaughnessy said.
“The [Hallmark] team brings a huge amount of experience and passion for our brand, from collaborating with the key suppliers to our food philosophy, and we look forward to working with them as they develop the Jamie’s Italian restaurant offering across Australia.”
The announcement comes less than two years after the Jamie Oliver Restaurant Group bought back the franchises from failed hospitality company, the Keystone Group.