Overview
- Niyamo Capital, led by 21-year-old Akshat Tibrewala, has taken a majority stake in Byron as Calveton UK retains a minority holding.
- The deal follows former owner Tristar Foods stating in September that it intended to appoint administrators.
- The acquisition includes sister brand Mother Clucker, which operates as a fried chicken delivery offering on Deliveroo.
- Tibrewala says he will refresh the menu, upgrade digital capabilities, and explore international growth in markets such as Dubai.
- The remaining estate generates about £11 million in annual revenue, with the new owner targeting profitability through cost and operational efficiencies.