Partly Cloudy

Partly Cloudy

max temp: 10°C

min temp: 9°C


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.”


Welcome , please leave your message below.

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

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

More than three million day visitors to Ipswich helped to swell tourism business coffers by £250m last year, according to new statistics.

It is exactly one month to the day since 23-year-old Corrie McKeague apparently vanished in Bury St Edmunds – yet people with potentially vital information still have not come forward.

Just a week after Abellio’s new Greater Anglia franchise began, rail chiefs, politicians, and business leaders are gathering in Ipswich today to look at the next steps for the region’s rail services.

It’s nearly Halloween and there is a variety of events across Suffolk this half term to keep your little monsters entertained no matter what their age.

A wedding dress catwalk, singers, cakes, flowers and a string quartet were among the bridal delights on offer at Ipswich Hotel’s Wedding Fayre today.

Stormtroopers marched the streets of Bury St Edmunds this weekend as Moyse’s Hall unveiled its acclaimed annual science fiction exhibition.

A disqualified motorist banned for a drink-drive related offence was caught driving again while nearly four-and-a-half times the limit within two hours of his conviction.

An armed police officer was called to Kesgrave as a safety precaution after a report was received of an injured dog today.

Last week’s article was about Oak Hill, the outstanding property just off Belstead Road on Oak Hill Lane, built in 1860 on a plot of land sold by Peter Burrell of Stoke Park, recaps John Norman, of the Ipswich Society.

Plans for Sizewell C are doomed to “evaporate” in the wake of insurmountable problems that will prevent its intended forerunner at Hinkley Point ever producing electricity, one of Britain’s leading environmentalists has predicted.

Most read


Show Job Lists

Topic pages


Newsletter Sign Up

MyDate24 MyPhotos24