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KKR-backed Casual Dining Group prepares to appoint administrators

CDG, which has approximately 250 restaurants and employs about 6,000 people, has appointed advisory firm AlixPartners to work on a restructuring

KKR-backed Casual Dining Group, the owner of Café Rouge, Las Iguanas and Bella Italia, said it is preparing to call in administrators as the restaurant industry reels from the coronavirus pandemic.

The notice of intent has been filed to protect the company and its employees from potential legal action, including by landlords, while the group reviews the detail of the government advice and formulates a plan, a CDG spokesperson said.

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