The FINANCIAL — Popolo Leisure has bought the remaining parts of Principle Leisure (North East), which was previously part of Washington-based Principle Leisure Group, which went into administration last year.
According to Caterer and Hotelkeeper, the deal includes five bars and restaurants: Popolo, Newcastle; Popolo, Sheffield; San Lorenzo, Gosforth; San Lorenzo, Cramlington; and Establishment, Sunderland.
Administrator Begbies Traynor has operated the business under licence since it went into administration in April 2011.
Discussion about this post