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25th Mar 2011
Celebrity Chef Marco Pierre White has bought the Maypole Group that went into administration last October after being unable to repay loans to Clydesdale Bank. The group owns hotels and restaurants in Suffolk and Norfolk and employs more than 200 people. He said: "This is a fantastic outcome which secures the continuity of the group. Throughout this process, the continuous support and encouragement of the loyal staff and customers has ensured we have been able to keep trading." Maypole's properties include the Lifeboat Inn and Old Coach House, both in Thornham, north Norfolk, the 15-bed Wayford Bridge Hotel, near Stalham, the Bridge Inn at Acle and the Angel Hotel.
Source: East Anglian Daily Times
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