All Cote articles – Page 19
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News
Cote to open two more this year
Cote, the CBPE-backed chain, is on course to open two more sites this year to take its estate total to 46 restaurants
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OpinionThe investment case
At four o’clock last Wednesday morning the deal for Cote, which had been nearly a year in the making, finally got over the line. Many had questioned whether it would actually happen, with rumours of a parked process and complications over finding a chairman, but there was always a sense that this was one deal that would go through. So what next for the brand and for the leisure sector as a whole and what further opportunities are on the horizon?
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News
Jack: Sector acquisitions at six-year high
The current period is the most active for acquisitions in the licensed retail sector since 2007, a leading analyst has argued following the £100m sale of Cote and the expected imminent sale of 300 Greene King pubs
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NewsCBPE completes Cote acquisition
CBPE, the private equity firm that was once part of Close Brothers investment bank, is understood to have completed the acquisition of Cote, the Richard Caring-backed French brasserie chain, early this morning in a deal thought to be worth around £100m
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Weekend PressCote takes Odin’s
Cote, the Richard Caring-backed chain, which is currently involved in a sales process, has secured Odin’s, the former Langan’s Restaurant site in London’s Marylebone
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News
Osmond eyes 'triple-A' investment opportunities
Hugh Osmond, the high-profile investor, has told M&C Report he’d invest “as much as it takes” to grow a small number of “triple-A” leisure operators into national brands
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Weekend Press
Weekend press round-up, 31 August-1 September
RestaurantsCote tempts new suitorRichard Caring is edging closer to a deal to sell his Cote brasserie chain for about £100m. CBPE, the private equity firm that was once part of Close Brothers investment bank, is in talks to buy the 45-strong chain.It has leapfrogged Bridgepoint, a rival firm best known ...
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Weekend Press
Bank Holiday weekend press round-up, 24-26 August
RestaurantsFood police lose fight to outlaw rare beefburgersBeefburgers cooked rare can remain on restaurant menus after a judge rejected claims by food watchdogs that they are a health risk. A wine bar and restaurant chain had been told to stop serving the burgers unless they took certain safety precautions. The ...
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NewsCote deal on-going
Cote remains in discussions with private equity group Bridgepoint regarding a c£100m sale, despite speculation that the deal has been “parked” until later this year
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Weekend Press
Weekend press round-up, 10-11 August
Weekend Press 10-11 August Companies and markets The sun shines on pubs and Spirit rises The belated arrival of summer has offered some salvation to Britain’s beleaguered brewing and pub industry. The shares have now thrown off the shackles and, along with the rest of the stock market, are enjoying ...
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News
Cote secures Reigate site
Cote, the Richard Caring-backed chain, has secured a site in Reigate, Surrey, for what will become its 45th opening
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News
Honest Burgers secures two new sites
Honest Burgers, the London-based concept led by ex-Cote operations director Dorian Waite, has secured two further sites in the capital, M&C Report has learnt
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News
Cote streamlines recruitment process
Cote, the French brasserie chain, has streamlined its entire UK recruitment process through implementing an Applicant Tracking System (ATS)
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Weekend Press
Weekend press round-up, 27-28 July
Weekend press round-up, 27-28 JulyPubs and barsM&B has found its balance againIt is now almost two years since billionaire Joe Lewis moored his mega-yacht by Tower Bridge and declared he’d like to swallow pub company Mitchells & Butlers in its entirety. Lewis owned 25%, so this was serious. The proposed ...
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Analysis & InsightHere comes the sun
While the next week or so weather wise is set to be fair, what of the next six months? What are the themes we can expect to take centre court? In two respects, it will be those that have already been with us over the first part of the year and from even further back – retail and private equity.
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OpinionFlying high
What are the challenges of operating a high-end restaurant after passport control at a major airport? John Harrington went airside at London City Airport to look at City Bar & Grill, the restaurant from travel concessions operator SSP, and spoke to Martyn Barrett, operations manager at SSP Air
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Analysis & Insight
That one needs a bit longer
Last week, I was lucky enough to be invited to the US Embassy to talk with the country’s franchise expert over here to discuss not only the growing focus of US burger chains on the UK, but also look at the full range of concepts looking at crossing the pond
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OpinionPukka future for Jamie’s Italian
He may not have Gordon Ramsay’s Michelin stars, but Jamie Oliver’s more down to earth approach to food is looking increasingly likely to turn the Essex-born chef with the boyish banter into the global phenomenon his foul-mouthed rival once dreamed of creating for himself
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News
L’Entrecote to close Manchester site
Le Relais de Venise L’Entrecote, the French brasserie chain, is set to close its site in Manchester, just a year after its opening.
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Analysis & Insight
Zolfo Cooper Profit Tracker: full report available
An in-depth, 24-page report on the 2013 Zolfo Cooper Profit Tracker, which charts the profit growth of the sector’s most successful privately owned operators, is now available to download