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
Bar and restaurant operator Novus Leisure has bought 17 Balls Brothers bars out of administration, including six which trade until the Lewis & Clarke brand for a total of £7.8m. Novus currently runs 38 venues in across the country including the Tiger Tiger brand and several bars in London's West End and City, including, Grace, Jewel and Bar Soho.
Posted: 15 March 2011 | 16:40
A round-up of the weekend's news affecting the hospitality industry. News includes: Richard Shepherd puts Langan’s Restaurants on the market; Premier Inn launches £199 wedding and honeymoon deal; GMB blames pub tie for decline of rural pubs and more...
Posted: 20 September 2010 | 11:06
The move by Mitchells & Butlers (M&B) to sell 333 drink-led pubs and late night venues to private equity firm TDR Capital has received the thumbs up from City analysts.
Posted: 20 August 2010 | 11:43
Mitchells & Butlers has sold 333 pubs for £373m to Stonegate Pub Company. M&B said the move was in line with its plan to dispose of 'non-core' properties in the lower-price, drinks-led market and late-night high street bars.
Posted: 20 August 2010 | 10:22
Compass Group has today announced the acquisition of Tirumala Hospitality Services Private (THS). THS, a foodservice provider that specialises in catering to the business and industry sector in Western India, was acquired from Ramkrishna Mankari and his family.
Posted: 17 August 2010 | 10:12
Cafe Rouge and Strada owner Tragus is understood to have made an offer for Paramount Restaurants, which runs rival chains Caffe Uno and Chez Gerard.
Tragus is looking to buy the firm for less than £50m, as part of a sale auction by Christie & Co, according to the Sunday Times.
Posted: 06 July 2010 | 13:48
After three years as part of the Alternative Hotel Group upmarket caterer Searcy is back in private hands - which are steering it towards aggressive expansion. James Stagg reports.
Posted: 02 July 2010 | 11:12
A round-up of the weekend's news affecting the hospitality industry. News includes: Premier Inn bans vuvuzelas to protect customers sleep; late-night bars to pay the cost of policing drunken disorder; Qatari government interested in Savoy hotel and Grosvenor House and more
Posted: 21 June 2010 | 10:30
The management team at exclusive contract caterer Searcy is close to completing a buyout of the business after weeks of sometimes fractious negotiations with current owner Alternative Hotels Group (AHG).
Posted: 17 June 2010 | 15:59
Pub company Orchid Group is to buy 50 more pubs this year, followed by 100 in 2011, through its specialist acquisition division, Parkmill Pub Management.
Posted: 08 June 2010 | 10:12
Compass Group has today announced the US$65m (GB£45m) acquisition of Southeast Service Corporation (SSC), a US provider of soft support services operating in the education and business and industry sectors.
Posted: 08 June 2010 | 10:02
A round-up of the weekend's news affecting the hospitality industry. News includes: Whitbread to raise £100m through private placement; machismo eating trend that consumes live animals plans UK launch; dine in the sky experience at Edinburgh Festival and more…
Posted: 01 June 2010 | 10:29
The Bass beer brand, once Britain's best-selling beer, is up for sale. The Times newspaper reported that owner Anheuser-Busch InBev was seeking a price of around £10m to £15m, as it concentrated on major international brands like Stella Artois and Budweiser.
Posted: 26 May 2010 | 10:16
Our weekly round of of the week's hospitality news includes: Majestic Hotel blaze: missing man named, Duncan Bannatyne unveils plans to expand Charlton House hotel;US wine merchant sues Gordon Ramsay over £27,000 of unpaid bills and more...
Posted: 07 May 2010 | 15:39
Compass Group has bought French food service business Caterine Restauration. The French caterer, which specialises in the provision of services in the education and healthcare sectors, posted revenues of €41.8m (£35.8m) for the 12 months to 31 August 2009 with gross assets valued at €34m (£29m).
Posted: 05 May 2010 | 10:16
Formosa International Hotels Corporation (FIHC), which last week purchased Regent Hotels from Carlson and the Rezidor Hotel Group, says it hopes to launch a luxury hotel in London. The US$56m (£37m) deal saw FIHC, which owns the Grand Formosa Regent hotel in Taipei, Taiwan...
Posted: 19 April 2010 | 12:40
A round-up of the weekend's news affecting the hospitality industry. News includes: sea change sees mellowing of macho kitchen culture; Splendid Hotel Group seeks £200m for seven London hotels; Jamie Oliver is Britain’s 22nd most generous donor to charity and more…
Posted: 19 April 2010 | 10:52
A round-up of the weekend's news affecting the hospitality industry. News includes: 10% of Scottish B&Bs in newspaper survey refused rooms to ‘gay’ guest; Shearings and Bay restaurant brands set for sale?; Pret a Manger plans record number of openings; Pebble Hotels owner to run former London Town pubs and more…
Posted: 12 April 2010 | 10:29
Like-for-like sales in Marston's managed pubs division have risen 1.4% for the half year to 3 April.
In a trading update this morning, the firm said that its performance was 'in line with expectations'. Like-for-like food sales in the division grew 2.5%, while like-for-like wet sales were up 0.5%.
Posted: 07 April 2010 | 10:45
Restaurants At Work is to merge with its recent acquisition, Jill Bartlett & Company, and change its name to Bright Futures. The new firm, which has a total of 270 employees, takes its name from owner the Bright Futures Group (BFG) and follows BFG’s buy out of London-based Jill Bartlett & Company ...
Posted: 06 April 2010 | 12:20
Pages 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21... Previous | Next
