Monday 19 May 2014

Speciality Restaurants in talks to purchase Sanjeev Kapur's SK Restaurants

Speciality Restaurants, which runs chains such as Mainland China, Sigree and Oh Calcutta, is in talks to purchase a significant stake in celebrity chef Sanjeev Kapoor's SK Restaurants. SK Restaurants, previously known as Indian Cookery, operates Khazana, The Yellow Chilli, Pin Yin, Signature by Sanjeev Kapoor and Sura Vie Lounge chains. The enterprise value of the company is pegged between Rs 300 crore and Rs 350 crore.
Speciality Restaurants focuses on providing the guests an affordable fine dining experience with quality food and service in a modern ambience. The company’s restaurants consist of different restaurant concepts and are located across India, particularly in the western region. Its flagship brand is Mainland China which serves Chinese cuisine in a standalone fine dining setting.

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