Italian restaurant chain Veeno enters administration with Edinburgh location among venues at risk
The brand is famous for its wines produced at the founders' own family vineyard in Sicily.
A popular wine bar and Italian restaurant in Edinburgh is at risk of closure after the chain entered administration.
Veeno Bars, which operates a bar on Rose Street, launched in 2013 and have restaurants in Bristol, Durham, Edinburgh, Leeds, Leicester, and Wroclaw.
The company has already shut two locations, with its Manchester branch closing in August 2022 and its Chester site going under in February this year.
On Monday, a notice in the London Gazette confirmed that David Kemp and Richard Hunt of Exigen Group Limited have been appointed as joint administrators for Vintage Corporation Ltd, Veeno's legal operating company.
The chain previously fell into administration in 2019, only to be rescued when Rodrigue Trouillet stepped in to buy it out.
The company was set up by Italian entrepreneurs Nino Caruso and Andrea Zecchino.
Nino Caruso told The Sun they had faced a combination of well-documented market pressures in recent years, including rising operating costs and challenges within the property landscape.
He added that this process allows them to address those factors, realign the business, and ensure a more sustainable foundation for the future.
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