Tootsies, the family burger chain, has become the latest victim of the recession, after Clapham House Group, its quoted owner, pulled the plug on the loss-making business.
Administrators from BDO yesterday announced the sale of 11 of the 21 outlets for £2.5 million to Giraffe, the restaurant group backed by Giraffe chairman Luke Johnson’s Risk Capital Partners, and 3i.
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