The FINANCIAL — Café/bar and restaurant group Loungers is to appoint Nick Collins, the former finance director of Capital Pub Company, as its new finance director.
Collins will join the firm, which has 20 sites largely concentrated in the South West under the Loungers and Cosy Club brands, in early 2012. He will be Loungers' first finance director.
His move comes after Greene King acquired Capital earlier this year in a £93m deal.Loungers intends to open eight sites in 2012 starting with the opening of Conto Lounge in Winton, Bournemouth, in January, followed by Circo Lounge in Westbourne, also in Bournemouth, in February.
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