Aberdeen Steak Houses was started in the early 1960s by Reginald Eastwood (born c. 1913 Eastwood and partner Thomas Beale
floated the company on 6 February 1964. In 1965, the Kaye brothers'
Golden Egg cafeterias bought a 76% stake in the 14 Angus restaurants. In 1973
EMI Hotels won a bidding war against
Ralston Purina to buy the Golden Egg group from the Kayes. By the 1970s, the group was focused more on tourist trade, with many branches in the
West End to attract those attending
theatre or musical shows. Angus Steakhouses was a subsidiary of Aberdeen Steak Houses with the same business model. In the mid-1970s, the firm had an industrial dispute with the
TGWU. In 1980 EMI sold 13 restaurants to
Thistle Hotels. In 1984, the group was sold to Ali Salih, a Turkish businessman with a low public profile. Business remained strong through the 1980s and at its peak it had an annual
turnover of £20m with 700,000 steaks sold. Its 1989 profit was £330,000. Its business, along with the wider UK beef industry, was hit in the 1990s by
bovine spongiform encephalopathy, ==Reputation==