Prezzo restaurant to close at West Bromwich's New Square shopping centre

By Luke Bartlett | West Bromwich | News | Published:

An Italian restaurant's branch in West Bromwich is set to close its doors for good.

Prezzo in West Bromwich

Prezzo in New Square will be shutting down as part of wider closures by the parent company TPG Capital.

The company is closing 94 restaurants across the country in a bid to repair its financial position.

Prezzo has entered an arrangement known as a Company Voluntary Arrangement – which is one step short of going into administration.

The branch at the town centre shopping hub opened in 2013.

Nationally Prezzo employs 4,500 people. It is not yet known how many jobs are at risk at the West Bromwich restaurant.


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