Thai hotel group Minor has won control of London’s Wolseley and Delaunay restaurants after a bitter dispute over pandemic-related debts with Jeremy King, the founder of the group that owns them.
Minor said on Friday that it had won an auction for Corbin & King, which owns the Wolseley, the Delaunay and seven other restaurants and had been in administration. Minor previously owned 74 per cent of the company while King retained operational control.
Dillip Rajakarier, Minor’s group chief executive, said that he was “delighted” Minor’s offer had been accepted and added: “We can now look forward to building on the existing strong foundations to drive growth in the UK and internationally”.