Bar group secures £16m funding deal to support continued expansion

Bar and restaurant chain, The Alchemist, has secured a £16m finance package from existing debt funders to support its continued growth across the UK. The new capital from Santander will be invested into the continued innovation of the brand, rejuvenating existing sites and the acquisition of new locations. The Alchemist, which opened its Birmingham operation in 2016 as part of the Grand Hotel refurbishment in Colmore Row, recently opened a purpose-built venue at MediaCityUK, together with a new regional site in Oxford. It has a... For the full story register now for free or login below...
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