Tiger Tiger operator 'to buy Balls Brothers'
Published: 26 January, 2011
Tiger Tiger operator Novus Leisure has been linked with a bid for Balls Bros, the London wine bar chain which went into administration last year.
Tiger Tiger operator Novus Leisure has been linked with a bid for Balls Bros, the London wine bar chain which went into administration last year.
Such a deal would expand the Novus estate from 37 to 56 sites. Its other brands include Day & Night and Jewel.
Novus's most recent accounts show a £6 million profit on a turnover of around £90 million. Balls Brothers is thought to have owed £7 million to its bank when it called in administrators in November.
Balls acquired the Lewis & Clarke bar chain for £15 million in 2006.
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