Overcast

Overcast

max temp: 12°C

min temp: 9°C

Search

Ipswich-based Prettys advises food retailer Itsu on funding deal

06:00 02 December 2015

Ian Waine of Prettys Solicitors.

Ian Waine of Prettys Solicitors.

East Anglian law firm Prettys has advised Asian-inspired food retailer Itsu on a refinancing package to support international expansion.

Itsu, which has more than 50 shops across London and the South, has agreed a £40million funding package with HSBC to expand the business in line with a growing consumer focus on healthy foods, both in the UK and new markets overseas.

Prettys, which has offices in Ipswich and Chelmsford, provided legal advice to Itsu in relation to the financing package that will support the three-year expansion plan.

Ian Waine, head of corporate services at Prettys, said: “We are delighted to once again work with Itsu and facilitate their ambitious growth plans and support the company to deliver their business plan here and internationally over the next three years.”

Landen Prescott Brann, chief financial officer at Itsu, added: “We have worked with Prettys for over 15 years and we are always confident that they will provide us with the support we need to help realise and deliver our business plans.

“We have seen interest grow from our customers wanting healthy fast food and with the completion of this refinancing package we can take the first step on expanding Itsu both here and in new international markets.”

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Ipswich Star visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Ipswich Star staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Ipswich Star account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Detectives investigating a double stabbing in Ipswich have been granted further time to question a 17-year-old boy from Ipswich who was arrested on suspicion of murder.

A man and a teenage boy were stabbed this afternoon in Ipswich at West Meadows near the Whitehouse Interchange.

As the build up to Christmas gathers steam, we asked our iwitness members to share their photos of the approaching festivities.

We’ve all done it – remembered a vital last-minute purchase needed to save Christmas or New Year and wondered when Lidl, Aldi, Asda or the Co-op will be open.

Through our iwitness24 site, readers are able to share their photos of Suffolk’s top beauty spots, of landmarks and of some of our amazing wildlife in action.

A primary school in Martlesham Heath has been awarded Ofsted’s top rating of Outstanding in its latest report – and held a two-day festival of learning with parents to celebrate.

A nursing home in Hadleigh has been ranked inadequate by a health watchdog for failing to keep its residents safe.

The tourism industry is already worth hundreds of millions of pounds to the local economy in Suffolk, and that figure is growing, year-on-year.

Thousands fewer people are playing sport in Suffolk since London 2012, an “alarming” new report has shown.

The A14 Whitehouse sliproad in Ipswich has reopened after it was closed by police late into the night following a double stabbing at the town yesterday afternoon.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

MyDate24 MyPhotos24