M&A activity [big deals/small deals]
Pages 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21... Previous | Next
Whitbread is in “advanced discussions” with coffee bar operator Coffeeheaven regarding a possible takeover. The business, which counts Premier Inn budget hotels, pubs and Costa Coffee cafés among its assets, is discussing a cash offer of 24p per ordinary Coffeeheaven share.
Posted: 11 December 2009 | 11:33
A round-up of the weekend's news affecting the hospitality industry. News includes: hospitality staff at high risk of divorce; chef Gino D’Acampo faces charges after killing and eating rat; sale or refinancing on the cards for Chicago Rock Café ; Starbucks launches ‘flat white’ coffees and more...
Posted: 07 December 2009 | 10:18
Foodservice supplier Pasta King has changed hands following a £13m, private-equity-backed management buy-in. The group’s new managing director and chairman, Howard Farquhar and Mike Cole, are shareholders in the acquisition vehicle set up by majority stakeholder NBGI Private Equity ...
Posted: 18 November 2009 | 16:06
Oliver's iPhone cooking app tops the charts; Travelodge backs campaign to cut tourism VAT to 5%; Gordon Ramsay slams chains for ‘wiping out’ independents; Sir John Ritblat expected to buy back Merchant Inns; Pret a Manger faces inquiry over frozen foods labelled as fresh and more...
Posted: 09 November 2009 | 11:14
A round-up of the weekend's news affecting the hospitality industry. News includes: Masterchef to keep endangered fish off menus after row over eels; John Burton Race arrested for drink driving; Jongleurs founder to relaunch the comedy club chain; Kerzner still hopes to open super- casino and more…
Posted: 02 November 2009 | 10:41
Hotel operator Accor has launched its international budget hotel brand All Seasons in the UK with the opening of its London Southwark site. The opening follows Accor’s acquisition of the operating company which opened the Southwark Rose near London Bridge in 2003.
Posted: 13 October 2009 | 08:00
Struggling restaurant chain Tootsies has collapsed into administration after becoming the latest victim of the recession. The group called in the administrators today after parent company Clapham House Group withdrew its support and funding. A sale of Tootsies, which Clapham House bought for £25m ...
Posted: 12 October 2009 | 16:43
The Bright Futures Group (BFG) has purchased London-based caterer Jill Bartlett & Company in a deal worth around £700,000. The deal is the first for holding company BFG, which owns the Restaurants at Work catering company, since it floated on the PLUS Market in 2009.
Posted: 07 October 2009 | 08:00
Shendish Manor in Hertfordshire has been rescued from administration after it was sold to a local hotel owner. The company behind the country house hotel and golf course, in Apsley, Hemel Hempstead, was placed into administration in May after the property was hit by falling demand.
Posted: 02 October 2009 | 11:59
Luxury hotel operator Von Essen has rescued five-star Reading property the Forbury from administration, Caterersearch can reveal. The hotel, which opened in 2007 in a Grade II-listed building after a £6m renovation, was placed into the hands of administrators Baker Tilly ...
Posted: 01 October 2009 | 15:09
A round-up of the weekend's news affecting the hospitality industry. News includes: McDonald's seeks greener spuds for its French fries; Luminar profits eclipsed by youth unemployment; Domino’s Pizza to report 25% boost in profits; Government gives go-ahead to three-quarter pints and more …
Posted: 28 September 2009 | 11:56
Britannia Hospitality, owned by Egypt's El Sharkawy family, has bought London's Stafford hotel for a reported £77.5m from pubs and hotel firm Daniel Thwaites. The purchase of the 105-room Mayfair hotel took place at 1am this morning, and is part of the El Sharkawy family's plans to expand ...
Posted: 17 September 2009 | 12:52
The owner of Hôtel de Crillon in Paris, investment firm Starwood Capital, is in the middle of a legal dispute with JJW Hotels & Resorts which is preparing to sue for €50m (£44m). The Saudi-backed company JJW Hotels & Resorts had been negotiating to buy the Crillon but has now said ...
Posted: 14 September 2009 | 12:22
A round-up of the weekend's news affecting the hospitality industry. News includes: Owners of New York's Tavern on the Green file for Chapter 11 bankruptcy; Gaggia coffee machine customers left in the lurch as UK distributor collapses; Cadbury boss dismisses £10bn bid from Kraft Foods.
Posted: 14 September 2009 | 10:41
A round-up of the weekend's news affecting the hospitality industry. News includes: Antony Worrall Thompson in wrangle over fine wines; Center Parcs may form part of £2b flotation of Merlin Entertainment; Whitbread closes final-salary pension for all staff; Jamie Oliver slams Downing Street kitchens ...
Posted: 07 September 2009 | 10:19
The Bespoke Hotel Group has added the Clumber Park Hotel & Spa in Nottinghamshire to its portfolio of three- and four-star hotels, spas and clubs. The 73-bedroom hotel and spa, close to Sherwood Forest, is now part of the management group, which recently opened a boutique hotel in Bermondsey Square.
Posted: 20 August 2009 | 09:00
Punch Taverns has sold 10 pubs over the past month to smaller businesses capitalising on the opportunities afforded by the economic downturn. Surrey-based Red Mist Leisure has acquired the freehold of three pubs it previously operated as lessees from Punch Taverns.
Posted: 18 August 2009 | 09:00
Hilton's private equity owner, the Blackstone Group, has denied rumours that the hotel giant is to be broken up in a bid to realise its value. A spokesman for Blackstone said the plans, reported last week in the Independent, were "categorically untrue". However, speculation remains rife ...
Posted: 12 August 2009 | 11:20
Budget hotel chain Premier Inn is to expand its portfolio by five hotels across England. The Whitbread-owned operator has secured five sites worth a combined total of £27m, which will add 535-bedrooms to Premier Inn’s portfolio. The new sites include a deal to build a 121-bedroom ...
Posted: 03 August 2009 | 07:00
Budget hotel chain Travelodge is to expand by a further six properties in the capital in a deal worth £84m, which will make it the largest hotel brand in London by 2012. The six London hotel exchanges will be a mixture of office developments and new-builds across five London boroughs ...
Posted: 30 July 2009 | 09:00
Pages 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21... Previous | Next
