M&A activity [big deals/small deals]
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Ah yes, the thrill of the fight, rising up to the challenge of our rivals. It’s the perfect sentiment for Caterer’s annual awards bash...
Posted: 06 July 2007 | 12:16
The Office of Fair Trading (OFT) has given the green light to a tie-up between the UK’s largest pub company and the world’s largest wine merchant, Constellation Brands.
Posted: 05 July 2007 | 15:40
US private equity firm Blackstone is to buy Hilton Hotels Corporation in a deal worth more than $20b (£9.9b).
Posted: 04 July 2007 | 11:38
Alternative Hotel Group (AHG) has promised not to change the Searcy brand, admitting that attempting to alter the top-end caterer's identity would be "suicide".
Posted: 28 June 2007 | 08:00
Ultimate Leisure, the Northern bar and nightclub operator, has bought Living Ventures from the Restaurant Group for £28m.
Posted: 25 June 2007 | 11:06
A round-up of the weekend's news affecting the hospitality industry. News includes: Gastropubs forcing out traditional pubs; Top Scotland hotel in late night noise row; Hempel puts Dutch hotel up for sale; Pub chain shares tumble; Bank to sell 12 Hilton hotels; Pubco market values fall on eve of smoking ban
Posted: 25 June 2007 | 09:58
Stressed, angry? Well enough about me but enterprising Spanish hotel chain NH Hoteles is supplying a bit of hotel destruction therapy for on-the-edge local business managers in Madrid.
Posted: 22 June 2007 | 18:00
D&D London, formerly Conran Restaurants, has acquired Image Restaurants for an undisclosed sum.
Posted: 22 June 2007 | 13:16
De Vere owner Alternative Hotel Group has acquired specialist contract caterer Searcy’s, in a multimillion-pound deal first revealed by Caterer earlier this month.
Posted: 22 June 2007 | 13:05
Ultimate Leisure completed its acquisition of the Bel and the Dragon pub group for £8.75m to bolster its food offer.
Posted: 18 June 2007 | 11:23
We don’t like strangers ‘round here! Apparently radical Cornish activists (no I’m not making this up) have threatened to get chefs Rick Stein and Jamie Oliver who through their damn success are making Cornwall too expensive for locals.
Posted: 15 June 2007 | 14:43
Lancashire brewer and pub operator Thwaites has splashed out £1.93m on five pubs in the north of England and Wales marking the beginning of an acquisitive expansion plan.
Posted: 14 June 2007 | 13:00
US hotel chain, Wyndham Hotel Group, has announced its first property in the UK will be the conversion of The Conrad hotel in London’s Chelsea harbour.
Posted: 13 June 2007 | 16:30
Quinlan Private, the Irish property group, has completed its second major hotel transaction this year with the €1.165b (£791m) purchase of Jurys Inns.
Posted: 11 June 2007 | 11:00
Caterer has learnt that the De Vere Collection, owned by the Alternative Hotel Group, is poised to buy exclusive caterer Searcy's.
Posted: 07 June 2007 | 11:30
Italian roadside services group Autogrill has made a formal offer for in-flight caterer and airport retailer Alpha Airports, valuing the company at more than £193m.
Posted: 04 June 2007 | 17:45
Premier Travel Inn owner Whitbread has agreed to sell its David Lloyd Leisure business to property company London & Regional Holdings and Bank of Scotland Corporate for £925m.
Posted: 04 June 2007 | 11:00
Italian Roadside services group Autogrill has taken its shareholding in Alpha Airports to more than 30% triggering a formal offer period for the in-flight caterer and airport retailer.
Posted: 04 June 2007 | 10:30
Hoteliers are use to customers pinching things from their rooms – slippers, dressing gowns, gold baths – gold baths! Yes this most unusual fate has befallen a Japanese hotel, which has had a £500,000, 80kg tub go walkies – no doubt leaving hotel staff to face a shower of abuse from the manager.
Posted: 01 June 2007 | 19:12
Italian roadside group Autogrill has increased its shareholding in airport retailer and in-flight caterer Alpha Airports.
Posted: 01 June 2007 | 15:52
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