Mario C. Bauer, Harry McGovern, Sinclair Beecham, Vincent van der Valk, Gregor Gerlach and Savour Group acquired UK restaurants of Vapiano from Vapiano SE (XTRA:VAO) on June 30, 2020. As per terms of transaction, acquired the Vapiano restaurants on Great Portland Street, Bankside and Tower Bridge. The Savour Group will also enter a franchise agreement with Vapiano to operate its restaurants in Manchester and Edinburgh and says it is committed to opening more Vapiano restaurants across the UK. The transactions secure the future of 209 jobs. David Harper of Harper Dennis Hobbs acted as real estate advisor and MJ Hudson LLP, Clyde & Co LLP and MIncoffs Solicitors LLP acted as legal advisor to Mario C. Bauer, Harry McGovern, Sinclair Beecham, Vincent van der Valk, Gregor Gerlach and Savour Group.

Mario C. Bauer, Harry McGovern, Sinclair Beecham, Vincent van der Valk, Gregor Gerlach and Savour Group completed the acquisition of UK restaurants of Vapiano from Vapiano SE (XTRA:VAO) on June 30, 2020.