Moyagi plans investment in Lucky Voice after acquisition
Business · First reported 28 Oct, 00:32 · Updated 00:42
Moyagi says it will invest in Lucky Voice’s venues and technology platform after acquiring the brand and three venues through a pre-pack administration. The supplied report gives no investment amount or timetable for expansion.
- Moyagi acquired Lucky Voice’s Soho, Holborn and Liverpool Street venues, its brand and technology platform, and its Dubai franchise through a pre-pack deal.
- The Brighton, Waterloo and Islington sites closed immediately, resulting in 53 redundancies; 59 staff were due to transfer to the new owner.
- Moyagi said it plans to invest in the venues and technology platform, but the report supplied no investment figure, new-site target or opening timetable.
Summary written by Lux AI from 1 articlesUnverified
Key facts
- Buyer
- Asobi Group, a wholly owned subsidiary of Moyagi Group.
- Continuing venues
- Soho, Holborn and Liverpool Street.
- Closed venues
- Brighton, Waterloo and Islington; 53 redundancies resulted.
- Staff transfer
- DWF said 59 staff would transfer to the new owner.
- Expansion details
- No investment figure, site target or timetable for new openings was given in the supplied report.
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