WSH buys Genuine Dining
The latter will continue to operate under its own independent structure.
Westbury Street Holdings (WSH), which owns brands including BaxterStorey, BM Caterers and Searcys, has announced a new partnership with Genuine Dining. The latter will continue to operate under its own independent structure with Chris Mitchell continuing to lead the business as chief executive officer. Tim Axe, Amanda Kay, Paul Robottom and Ruth Lawton-Owen will also continue as managing directors of their respective brands.
Comment
Noel Mahony, executive director of WSH, said: “WSH has a proven track record of investing in and growing successful businesses in our industry. We’re pleased to announce a new partnership and welcome Genuine Dining to the WSH family.
“An entrepreneurial business that has grown to offer a variety of hospitality services and brands, Genuine Dining shares our values of championing fresh, seasonal, local food, served by brilliant teams.
“WSH businesses work autonomously with independent leadership and it will be business as usual for Genuine Dining. The partnership will give Genuine Dining teams the opportunity to grow and develop through our industry-leading shared training and development programmes.”
Mitchell added: “In 14 years, we have grown significantly, introducing new services, and to meet our future ambitions, it was important we selected a partner that lives and breathes our values and champions our individuality.
“Chairman and majority shareholder, Luke Johnson, working through Risk Capital Partners, is realising his investment and exiting the business, following 14 years of active involvement with Genuine Dining. Luke has been a huge supporter of our business and we thank him for his time as chairman.
“More than simply an investor, we made the decision to partner with WSH because of its commitment to the industry, supporting and enabling businesses to grow. I am very excited about the opportunity this partnership will bring to our people and business.”