Franco Manca to Shut 16 UK Stores Following CVA Restructuring
Franco Manca to Shut 16 UK Stores Following CVA Restructuring
Franco Manca's parent firm confirms 16 UK restaurant closures under a CVA, risking up to 200 jobs as the chain restructures its network.
Franco Manca, the popular sourdough pizza chain, is shutting 16 UK restaurants as part of a company voluntary arrangement approved by its parent company, The Fulham Shore. Nine London sites are among the closures, with the total number spanning the broader network. The move is part of a restructuring aimed at streamlining operations and focusing on stronger-performing locations.
The restructuring could affect around 200 staff roles, highlighting the human cost behind corporate reorganisations in the casual dining sector. The company has signalled that it will work to support affected employees as part of the CVA process, though exact severance packages and redeployment options have not been detailed.
Remaining Franco Manca locations are expected to continue operating, with the brand aiming to retain its core sites and customers while the closure programme proceeds. Customers may notice changes in opening hours or menu availability as the network consolidates. The decision marks another milestone for The Fulham Shore as it realigns its portfolio in a challenging market for casual dining.