Olswang picks up Strada divestment

Olswang has cemented its relationship with longstanding client Richard Caring by advising on the sale of his Strada restaurant chain and the acquisition of leisure company Mark Birley Holdings. Corporate partner Tina Cowen led the team on the Strada sale, assisted by associates and trainees in the corporate, employment, tax and real estate practices. The Strada business has been sold to restaurant chain operator Tragus, which was advised by a team from Ashurst. Olswang real estate partner Graham Barber led the team that advised on the Mark Birley Holdings acquisition, assisted by corporate associates Daniel Jacob and Amy Harvey and members of the firm’s banking, real estate, employment, IP, pensions and tax groups. Mark Birley Holdings was advised by a team from Macfarlanes.