Retail-focused investor Gordon Brothers has bested rivals and is set to restructure the 48-year-old iconic chain Barbeques Galore and move it out of administration.
The firm is Barbeques Galore’s primary lender and paid a nominal amount to take the keys from Quadrant Private Equity in December. Barbeques Galore was placed into voluntary administration in February, kicking off a sale process led by professional services firm Ankura and Grant Thornton as administrators.
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