The story
Wagamama Limited was incorporated on 29 April 1991 as China Diner Limited. Their first restaurant was opened in 1992 in Bloomsbury, London, founded by Alan Yau, who subsequently created the Chinese restaurants Hakkasan and Yauatcha, and Thai restaurant Busaba Eathai. In June 2005, the restaurant's owner Graphite Capital sold the majority stake of 77.5% to Lion Capital LLP for £103 million. In April 2011, the chain was sold to Duke Street Capital, for an estimated sum of £215 million.
The first site on Streatham Street, Bloomsbury, London, closed permanently on 19 June 2016.
The chain was acquired for £559m by The Restaurant Group, owner of Frankie & Benny's & Chiquito in October 2018. In October 2023 The Restaurant Group was taken over by Apollo Global Management in a deal worth over £700m. Following this restructuring, TRG focused its growth strategy primarily on Wagamama's international expansion.
In September 2024, The Restaurant Group (TRG) announced plans to increase the number of UK restaurants from 161 to 200-220.
Wagamama has released three cookbooks in order to further extend its brand.
From Wikipedia’s article on Wagamama, shared under CC BY-SA 4.0.4
