M&A activity [big deals/small deals]

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BaxterStorey swoops for caterer Holroyd Howe

BaxterStorey logoBaxterStorey has cemented its position as the UK’s largest independent contract caterer with the acquisition of rival Holroyd Howe.
Posted: 17 December 2007 | 13:30

Gordon Ramsay aims for purely female brigade For more hospitality stories, see what the weekend papers say

weekend papersA round-up of the weekend's news affecting the hospitality industry. News includes: Ritz auction will raise more than £1m; Rising chefs for 2008; Selfridges halts cruel veal sales from Smithfields
Posted: 17 December 2007 | 10:42

Barracuda to open three pubs before Christmas

Barracuda pubRapidly expanding Barracuda Group will open three pubs this week to cash in on the key Christmas and New Year period.
Posted: 12 December 2007 | 12:17

Buyout group seeks Gaucho restaurants

Gaucho GrillArgentine steak-house operator Gaucho Grill is believed to be in advanced talks over a buyout by Intermediate Capital Group (ICG), which would value it at £120m.
Posted: 10 December 2007 | 12:08

M&B sells two pubs for £1.7m

M&B logoEmber Inns and Harvester operator Mitchells & Butlers has sold two food-led,freehold pubs near Perth and Preston for approximately £1.7m.
Posted: 07 December 2007 | 12:54

Pubs 'n' Bars acquires Moorgate Taverns

Pub operator Pubs ‘n’ Bars has acquired Moorgate Taverns for £9.27m.
Posted: 06 December 2007 | 12:30

USA claims right to kidnap British citizens - For more hospitality stories, see what the weekend papers say

weekend papersA round-up of the weekend's news affecting the hospitality industry. News includes: USA claims right to kidnap British citizens; Caviar stocks could run dry by Christmas; S&N under pressure to talk to takeover rivals and more...
Posted: 03 December 2007 | 11:10

Marston’s fails to avoid UK’s poor summer weather

Marston's logoMarston’s saw turnover soar past the £600m mark this year helped by acquisitions, but it couldn’t escape the effects of this summer’s atrocious weather.
Posted: 30 November 2007 | 15:36

Mitchells & Butlers considers Tchenguiz property bid

Pub company Mitchells & Butlers is giving “serious consideration” to a deal with property investor Robert Tchenguiz, it said today.
Posted: 29 November 2007 | 16:12

Ultimate Leisure confirms switch to Premium Bars and Restaurants

Ultimate Leisure will formally change its name to Premium Bars and Restaurants from 7 December after shareholders voted in favour of the switch at yesterday’s Annual General Meeting.
Posted: 29 November 2007 | 11:15

Ultimate Leisure to become Premium Bars and Restaurants

Living Room, ManchesterUltimate Leisure is set to formally change its name today to Premium Bars and Restaurants at today’s Annual General Meeting of shareholders.
Posted: 28 November 2007 | 12:34

Pubs ‘n’ Bars offloads two under-performing sites

Meyrick Arms, ClaphamPubs ‘n’ Bars has disposed of two poor performing leasehold managed pubs for more than £50,000, the group announced today.
Posted: 26 November 2007 | 12:16

Punch denies £5b takeover plans for M&B

Punch Taverns logoPunch Taverns has issued a statement denying it is planning a £5b-plus bid for rival pub group Mitchells & Butlers.
Posted: 26 November 2007 | 10:56

Punch considers £5b bid for Mitchells & Butlers – For more hospitality stories, see what the weekend papers say

Weekend papersA round-up of the weekend's news affecting the hospitality industry. News includes: Compass to reveal contract coup and profit surge; Wagamama delays flotation; GM cultivation could be banned in Europe; and more...
Posted: 26 November 2007 | 10:44

GuestInvest to sell rooms in Blakes

Blakes hotel interiorBuy-to-let hotel rooms company GuestInvest has signed a partnership deal with the luxury hotel made famous by interior designer Anouska Hempel - Blakes, in Kensington.
Posted: 21 November 2007 | 08:30

Northcote Group sells outside catering arm to MBO

With A TwistNorthcote Group, owner of the Michelin-starred Northcote Manor restaurant and Ribble Valley Inns pub group, has announced a management buyout of Northcote Offsite, its outside catering business.
Posted: 21 November 2007 | 07:00

Hospitality faces the future with optimism

Caffè NeroThe food service sector remains optimistic about the next 12 months, despite the global credit crunch and fears about falling consumer spending, research will reveal today.
Posted: 15 November 2007 | 14:00

Greene King buys New Century Inns

Greene King beer pumpsBrewer and pub operator Greene King has splashed out £32.6m on the 49 tenanted and leased pubs that comprise New Century Inns.
Posted: 14 November 2007 | 12:15

Tchenguiz in talks with M&B to resurrect deal

Robert Tchenguiz, the property entrepreneur, is in talks with Mitchells & Butlers (M&B) about reducing the size of their planned £4.5b joint property venture in an effort to revive the deal.
Posted: 09 November 2007 | 13:30

Local hotelier buys Adlard's restaurant in Norwich

Adlard'sFormer Michelin-starred Adlard’s Restaurant in Norwich has been sold to a local hotelier.
Posted: 07 November 2007 | 12:30

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5th September 2008