
Patisserie Valerie's new owner laments mismanagement issues: report
Broken ovens, unpaid suppliers and roof leaks were some of the issues it discovered.
Causeway Capital Partners, the new owner of embattled Patisserie Valerie chain, shared that the firm had been “seriously mismanaged”, The Telegraph reported.
The firm found that the chain had an oven that had been left broken for several months, and leaks of the roof. They had also stopped applying butter to puff pastries whilst suppliers are often unpaid.
“At the same time there was no head of health and safety in place, which for a food business is extraordinary,” Matthew Scaife, partner at Causeway Capital, said.