Mike Egan: Restaurant Association National President on deal to buy Nourish Group collapsing

from Best of Business · host Newstalk ZB

A big upset for the hospitality sector.A multi-million dollar deal to buy Nourish Group has fallen over because overseas investors couldn’t easily travel to New Zealand and are concerned about future pandemic restrictions.Nourish Group owns a number of well-known hospitality businesses around the country, includingSoul Bar in Auckland and Shed 5 in Wellington.The deal would’ve been worth more than $20 million.Restaurant Association National President Mike Egan joined Heather du Plessis-Allan.See omnystudio.com/listener for privacy information.

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