The chain has been under increasing pressure Photo credit: Alamy

The struggling high end burger chain Byron has been saved from a third collapse by a Gen Z entrepreneur, who has snapped up the troubled business for £2.5m.

First reported in The Times, the business has been bought by Niyamo Capital, founded by the Indian born investor Akshat Tibrewala, securing the future of the brand which has been slapped with rising costs and numerous scandals in recent years.

The sale comes after Bryon’s former owner, Tristar Foods, said it planned to appoint administrators in September.

The 21 year old is understood to have injected approximately £2.5m into the company and taken a majority stake, while the London based private equity firm Calveton UK will retain a minority holding.

The deal also in

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