Overcast

Overcast

max temp: 18°C

min temp: 14°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

Investigations are under way after a man died at a go-karting race circuit.

A 25-year-old woman missing from Felixstowe has been found.

Over recent weeks we have visited schools around Ipswich capturing children enjoying their first days of school.

A drug addict has had two allegations of theft dropped against him after the prosecution went over the deadline to bring charges.

A 23-year-old man has been charged after two police officers were taken to hospital for treatment following alleged assaults when they responded to reports of a domestic incident in Stowmarket.

Around 2,000 potentially dangerous manicure products have been intercepted at the Port of Felixstowe.

World-renowned architects are in the shortlist to design the Upper Orwell Crossing in Ipswich, it has been revealed.

For 10 weeks this summer they were part of the furniture in Ipswich town centre, greeting commuters as they arrived at the station, making shoppers smile as they walked around town and bringing out the inner child in us all.

An accounts worker who stole thousands of pounds from an Ipswich building company over two years has been warned she could be given an immediate prison sentence.

Sponsored laps of the playground saw pupils at St Pancras Primary in Ipswich raise more than £2,300 for the Teenage Cancer Trust.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

MyDate24 MyPhotos24