Geoff Ross: Amano – 'we won’t be changing a thing'

Geoff Ross: Amano – 'we won’t be changing a thing'
The deal will make Savor a 17-site operation with 366 employees, group chair Geoff Ross says.
Victoria Young
Savor Group chair Geoff Ross says Amano, one of Auckland’s most popular restaurants, will remain the same despite his firm merging it into New Zealand’s biggest listed hospitality group.“We won’t be changing a thing,” the 42 Below founder and Ecoya candle maker told BusinessDesk after announcing an $11 million acquisition of three Hip Group venues in a deal involving cash, shares and deferred payments.Savor previously traded as Moa but divested the beer business earlier this year for $1.9m.The NZX-listed hospitalit...

More Retail

The Warehouse’s plan to come back ‘with a vengeance’
Retail

The Warehouse’s plan to come back ‘with a vengeance’

Executives face tough questions at the retailer’s AGM.

Victoria Young 22 Nov 2024
Dairy-free deal: Otis and All Good oat milk merge
Retail

Dairy-free deal: Otis and All Good oat milk merge

The companies have their eyes on Southeast Asia.

Gregor Thompson 21 Nov 2024
iPhones can now accept payments for NZ merchants
Retail

iPhones can now accept payments for NZ merchants

Tap to pay on iPhone launches in NZ with five initial processing providers.

Ben Moore 21 Nov 2024
My Food Bag profitability up, customer numbers dip
Retail

My Food Bag profitability up, customer numbers dip

Company expects market conditions to remain challenging in the second half.

Gregor Thompson 21 Nov 2024