GLASGOW’S Mediterraneo restaurant is in new hands after a deal negotiated by Smith & Clough Business Associates.
The 240-seater eatery has been acquired by father and son Eufemio and Romano Perella, who also own the nearby Amore Italian restaurant as well as a number of other restaurants and fish and chip shops around the city.
The Italian restaurant and cocktail bar occupies a prominent trading positions with a long frontage on Ingram Street, stretching the whole block between Glassford Street and Hutcheson Street.
Mediterraneo was established in 2009 by renowned Glasgow restaurateur Mario Romano, but after his death in 2011 the business was taken over by established restaurateurs and brothers Mariano and Nunzio Russo who had previously owned a number of popular Italian restaurants, including La Fiorentina.
The restaurant was refurbished in 2019, with the bar getting a makeover only last year. The substantial premises can seat approximately 200 customers in the restaurant area, with seating for a further 40 customers in the cocktail bar, as well as benefitting from a large pavement seating terrace on Hutcheson Street.
Jonathan Clough of Smith & Clough said: “It was a real privilege to be involved in the sale of Mediterraneo, in what is one of Glasgow’s best established Italian restaurants, with a location that is second to none.
“I used to act for Mario Romano back in the day and remember him showing me proudly around his new restaurant, so it is nice to see the premises continue to go from strength to strength, and I look forward to seeing what the next chapter brings for this magnificent restaurant.
“I would like to wish Eufemio and Romano all the best with their latest venture, and am sure it will be a tremendous success.“
Mediterraneo was sold for an undisclosed sum. It is understood that the Perellas plan to refurbish and rebrand the premises later this year.