Mike Egan: Restaurant Association National President on deal to buy Nourish Group collapsing
A big upset for the hospitality sector.
A multi-million dollar deal to buy Nourish Group has fallen over because overseas investors couldn’t easily travel to New Zealand and are concerned about future pandemic restrictions.
Nourish Group owns a number of well-known hospitality businesses around the country, including
Soul Bar in Auckland and Shed 5 in Wellington.
The deal would’ve been worth more than $20 million.
Restaurant Association National President Mike Egan joined Heather du Plessis-Allan.
See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.