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Belgo is planning to focus on the expansion of its chain of pizza restaurants, instead of the Belgian beer and mussels outlets, and will change its name to Signature Restaurants.
Belgo is planning to open more than 50 Strada pizza and pasta restaurants in the UK over the next four years, and is also looking to expand the Bierodrome format.
Belgo is acquiring Caprice Holdings, the London restaurant owner, for £13m, funded partly by a new £8m share placing.
Belgo is acquiring three upmarket London restaurants for £9.3m - Daphne's, The Collection, and Pasha.
Lonsdale Holdings has acquired Belgo, the London restaurant group, for £9.8m, and will change its name to Belgo Group.