Follow the podcast on
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.
Take your Radio, Podcasts and Music with you