Tue, 19 Dec 2017

Thailandís Minor Hotels Group Takes Significant Stake in UK-Based Corbin & King

Thailandís Minor Hotels Group has taken a significant stake in Corbin & King, a UK-based company that owns and operates a portfolio of assets in London.

The new investment replaces a previous shareholding by the private equity company Graphite Capital.

 The Corbin & King co-founders Jeremy King and Chris Corbin will remain shareholders and Jeremy will continue to run the business as CEO.

Minor plans to expand the partnership with Corbin & King throughout the UK and internationally, to grow a portfolio that currently includes the celebrated destination restaurants The Wolseley, The Delaunay, Brasserie Zťdel and The Beaumont Hotel in Mayfair.

Dillip Rajakarier. Click to enlarge.

Dillip Rajakarier, CEO Minor Hotels Group, said, ďWe at Minor Hotels are thrilled to be entering the UK market and are proud to partner with such a respected industry leader. Our strategic joint venture will build upon Minor Hotelsí history of operating signature restaurants within our hotels and in third-party locations. We look forward to working with Jeremy and Chris to expand the Corbin & King portfolio in the UK and key international markets.Ē

Corbin & King was founded in 2003 by Jeremy King and Chris Corbin, comprising an illustrious restaurant and hospitality portfolio across London. Six brasserie-style restaurants includes The Wolseley in Piccadilly, which upholds a prestigious reputation for its modern European cuisine, afternoon tea and grand Art Deco glamour. Five more highly acclaimed restaurants include The Delaunay in Aldwych, Brasserie Zťdel in Piccadilly, Colbert in Sloane Square, Fischer's in Marylebone, and Bellanger in Islington. The company also operates the celebrated 73-key Art Deco five-star hotel, The Beaumont, in the heart of Mayfair.

Jeremy King, CEO of Corbin & King, said, ďWe took our time to find the right partner to take Corbin & King forward and I couldnít be happier that we found Bill Heinecke and Dillip Rajakarier and their team at Minor, for whom my respect grows daily. I look forward eagerly to the opportunities this presents.Ē

Minor Hotels Group currently has a portfolio of 157 hotels and resorts in 24 countries across Asia Pacific, the Middle East, Europe, South America, Africa and the Indian Ocean.

Financial details of the transaction have not been disclosed. More to come.

See latest HD Video Interviews, Podcasts and other news regarding: MHG, Minor, Minor Hotels.

Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address to the right. You can also stay updated with our RSS Feed Free Travel News RSS Feed and even add the travel news to your website. Have questions? Please read our travel news FAQ.
Latest Travel News
Copyright © 1997-2019