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#565012

SimonS1
Participant

esselle – the good old Berni Inns, eh. Once upon a time a very successful operation, much loved by the British public.

Unfortunately they did not move with the times and after being taken over by new owners (Grand Met and then Whitbread) the new owners found it losing money and closed it down.

A good case study for other British companies that get involves in takeovers, find what they have bought is not that palatable and end up making losses.