M&A activity [big deals/small deals]
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Cater Plus Services has been bought by a team led by two ex-Sodexho directors.
Posted: 20 March 2007 | 15:52
A round-up of the weekend's news affecting the hospitality industry. News includes: London’s Blakes hotel looks to international expansion; M&B facing hostile takeover bid; Rocco sells Cardiff St David’s Hotel and more...
Posted: 19 March 2007 | 09:33
Rocco Forte Hotels has sold its five-star St David’s hotel and spa in Cardiff to Principal Hotels for £32.5m.
Posted: 16 March 2007 | 16:00
London Town is buying 39 pubs from a property holding company for £16.24m, the pub operator has announced.
Posted: 16 March 2007 | 14:56
Spanish restaurant group Grupo Zena has reportedly entered the running for the £100m auction of UK-owned tapas bar chain La Tasca.
Posted: 15 March 2007 | 13:30
Yo! Sushi chief executive Robin Rowland has denied claims that the conveyor-belt restaurant chain is up for sale, as the company celebrated its 10th birthday in London last night.
Posted: 14 March 2007 | 17:04
Essential news from around the world, including: Burger King to launch in Poland; Starwood to launch in Eastern Europe; Duabi to get new Sofitel and more...
Posted: 14 March 2007 | 09:30
Contract caterer Crown Group has set up a new division to target the sports and leisure market after winning a £50m deal to run the catering at 75 leisure centres across the UK.
Posted: 08 March 2007 | 08:30
When Alastair Storey and William Baxter combined their catering companies industry insiders predicted an uneasy ride, but now, after two years, they are enjoying phenomenal growth. Ben Walker reports
Posted: 08 March 2007 | 00:00
RoadChef, the UK's third-largest motorway services operator, has been sold by its Japanese private-equity owner in a deal valuing the group at £425m.
Posted: 08 March 2007 | 00:00
Whitbread has completed the sale of TGI Friday’s, transforming the company into one predominantly focused on budget hotels and coffee shops.
Posted: 06 March 2007 | 11:15
RoadChef, Britain’s third-largest motorway services chain, has been sold by its Japanese private equity owner in a deal valuing the group at £425m.
Posted: 06 March 2007 | 10:34
Rank Group has completed the controversial sale of its Hard Rock business to the Seminole Tribe of Florida.
Posted: 06 March 2007 | 09:40
Countryside hotel operator the Maypole Group has bought its fourth property, the Wayford Bridge hotel in Norfolk, for £1.95m.
Posted: 06 March 2007 | 08:30
The owners of Legoland and Madame Tussauds are to merge in a deal worth more than £1b, it was announced today.
Posted: 05 March 2007 | 12:28
Duchy Catering has purchased Hopkinson Catering after the latter was placed into administration last week.
Posted: 05 March 2007 | 08:00
Hilton Hotels Corporation has agreed to sell its Scandic Hotel chain to private equity firm EQT for approximately €833m (£565m).
Posted: 02 March 2007 | 15:08
Conran Restaurants is to change its name to D&D London following the recent buyout from Conran Holdings, Caterer can reveal.
Posted: 01 March 2007 | 09:00
Ma Potter's founder John Gater plans to extend the fledgling Coal brand into a chain after selling his 16-strong restaurant group to Café Rouge owner Tragus last week for £14.15m.
Posted: 01 March 2007 | 08:00
Beleaguered burger chain Wimpy has been bought by Famous Brands for £3m amid promises to return the brand to its former glory.
Posted: 28 February 2007 | 13:00
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