FOOD SERVICES | Staff Reporter, UK

Wasabi secures £30m from HSBC to ramp up London expansion

Part of the funding will help the rollout of new Wasabi restaurants across London.

Additionally, the funding will be used to help expand Wasabi’s Japanese and Korean bakery chain, Soboro, which it also plans to bring to the capital in 2018. Furthermore, significant investment will be allocated to Wasabi’s Central Processing Unit (CPU) in Park Royal, West London, where the company consolidated its warehouse and kitchen operations in 2016. HSBC’s support means Wasabi can improve operational productivity and efficiencies across the business, while striving for product consistency. At 65,000 square feet, the CPU provides plenty of room for expansion, which the new funding is also expected to facilitate in the future.

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