Minor Hotels Group takes significant stake in UK-Based Corbin & King

Friday, 22 December 2017 00:00 - - {{hitsCtrl.values.hits}}

Thailand’s Minor Hotels Group has taken a significant stake in Corbin & King, a UK-based company which owns and operates a portfolio of assets in London.

The new investment replaces a previous shareholding by the private equity company Graphite Capital.

The Corbin & King co-founders Jeremy King and Chris Corbin will remain shareholders and Jeremy will continue to run the business as CEO.

Minor plans to expand the partnership with Corbin & King throughout the UK and internationally, to grow a portfolio that currently includes the celebrated destination restaurants The Wolseley, The Delaunay, Brasserie Zédel and The Beaumont Hotel in Mayfair.

Minor Hotels Group CEO Dillip Rajakarier said: “We at Minor Hotels are thrilled to be entering the UK market and are proud to partner such a respected industry leader. Our strategic joint venture will build upon Minor Hotels’ history of operating signature restaurants within our hotels and at third-party locations. We look forward to working with Jeremy and Chris to expand the Corbin & King portfolio in the UK and key international markets.”

Corbin & King was founded in 2003 by King and Corbin, comprising an illustrious restaurant and hospitality portfolio across London. Among its six brasserie-style restaurants is The Wolseley in Piccadilly, which upholds a prestigious reputation for its modern European cuisine, afternoon tea and grand Art Deco glamour. Five more highly acclaimed restaurants include The Delaunay in Aldwych, Brasserie Zédel in Piccadilly, Colbert in Sloane Square, Fischer's in Marylebone and Bellanger in Islington. The company also operates the celebrated 73-key Art Deco five-star hotel, The Beaumont, in the heart of Mayfair.

Corbin & King CEO Jeremy King said: “We took our time to find the right partner to take Corbin & King forward and I couldn’t be happier that we found Bill Heinecke and Dillip Rajakarier and their team at Minor, for whom my respect grows daily. I look forward eagerly to the opportunities this presents.”

Minor Hotels Group currently has a portfolio of 157 hotels and resorts in 24 countries across Asia Pacific, the Middle East, Europe, South America, Africa and the Indian Ocean.