Permanently Unique secures £25m credit facility to help expansion

Modern Chinese restaurant brand Tattu is set to open in Canary Wharf this winter, marking its second London location and the latest step in its continued expansion.
Tattu was founded in Manchester in 2015 by brothers Adam Jones and Drew Jones. (©Tattu)

Permanently Unique Group has secured a £25m credit facility to accelerate its expansion both in the UK and internationally.

The group, which operated Asian inspired restaurant brand Tattu as well as New York Italian concept Louis and Greek-inspired brand Fenix, has secured the backing from NatWest.

Its sites are predominantly based in the UK but last year he group made its overseas debut with Tattu Dubai.

Permanently Unique Group says the additional funding will help it grow its three brands domestically and internationally. It is already exploring additional locations in the Middle East, as well as potential ventures in Ireland and the US.

The cash injection will also support the opening of a Tattu in London’s Canary Wharf later this year, as well as the launch of two new Louis sites in London’s Mayfair and Dubai planned for 2027.

“NatWest has backed us from the very beginning, and this revolving credit facility reflects the strength of that partnership,” says Adam Jones, co-founder of Permanently Unique Group.

“We’re now in a position to accelerate growth across all three brands.”

The deal includes an additional £5m option from NatWest as part of the finance deal that can be activated as further growth opportunities arise.

“We’re incredibly proud to continue supporting Permanently Unique Group as they enter their next phase of expansion,” says John Howard, relationship director at NatWest.

“Having worked alongside the business since the opening of their first Tattu site in Manchester back in 2015, we’ve seen first-hand the strength of the brand and the team behind it.

“This facility, inclusive of an additional £5m accordion option, provides a strong platform for future growth, and we look forward to continuing our partnership as they scale further.”