Conran Restaurants renamed D+D London

by Helen Patenall | 05 Mar 2007

Conran Restaurants has changed its name to D&D London, following the management buyout last year.

In September 2006, chair Des Gunewardena and managing director David Loewi led a management buyout – supported by Bank of Scotland Corporate – to acquire 49 per cent of Conran Restaurants from Conran Holdings, owned by Terence Conran, for £50m.

Gunewardena said: “The change in ownership and management gives us a platform to demonstrate a fresh start.

“We will be expanding this spring, with the opening of two new restaurants in Japan and a third restaurant – Skylon – at the refurbished Royal Festival Hall in London.”

Loewi added: “D&D London will remain true to our existing philosophy, which focuses on distinct, quality restaurants offering excellent food in well-designed environments. We want to continue to attract high-calibre, passionate individuals who will add to the diversity of the business.”

Conran retains a 51 per cent investment in the business through Conran Holdings. Details: www.conran.com

Photograph: Coq d'Argent restaurant

Conran Restaurants has changed its name to D&D London, following the management buyout last year. In September 2006, chair Des Gunewardena and managing director David Loewi led a management buyout – supported by Bank of Scotland Corporate – to acquire 49 per cent of Conran Restaurants from Conran Holdings, owned by Terence Conran, for £50m. Gunewardena said: “The change in ownership and management gives us a platform to demonstrate a
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Conran Restaurants renamed D+D London
Conran Restaurants has changed its name to D&D London, following the management buyout last year.