All Deals articles – Page 10
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EventsMCA Hospitality Awards: finalists announced
Voting is now open for the prestigious annual celebration of hospitality excellence, with finalists including Azzurri Group’s Dave’s Hot Chicken, Arc Inspirations’ BOX, Flat Iron and WatchHouse Coffee
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NewsGail’s owner eyeing up new investors
Bain Capital is understood to be exploring opportunities for further investment in the fast-growing bakery chain, with Goldman Sachs retained as advisers.
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NewsDes Gunewardena unveils plans for triple opening at Olympia
The renowned restaurateur will launch a 300-cover restaurant led by an all-female team alongside a speakeasy bar and events space at the landmark £1.3bn London redevelopment next spring
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NewsMiddletons acquired out of administration by existing shareholders
A sale of the steakhouse business and its assets will see all seven Middletons sites continue to trade, safeguarding the jobs of 159 employees
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InterviewsOn brand: how Martin Williams is Evolv-ing the D&D estate
Martin Williams has been inspired by the ethos and vision of Sir Terence Conran as he looks to grow the rebranded Evolv Collection through four flagship brands
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NewsSunday app raises £16m in Series B round
The payment platform from the founders of Big Mamma Group is looking to expand internationally and into new restaurant segments such as fast-casual and fine dining
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NewsThe Coconut Tree sold out of administration
The Sri Lankan restaurant group has been acquired by a connected company with all seven restaurants set to continue trading
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NewsChaiiwala signs multi-unit deal with Splendid Hospitality
The partnership will see the Indian café brand triple its footprint in Nottingham with a new drive-thru and shopping centre location both set to open within the next month
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NewsYolk’s London estate reduced as CVA approved - updated
The food to go brand has closed three sites across London having undergone a company voluntary arrangement (CVA), which founder Nick Philpot called a ’tough but necessary reset’
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NewsThwaites toasts ‘strong performance’ in half-year results
The family brewer and regional pub operator says it has delivered ‘an excellent set of results given the circumstances’ with turnover and profit both up
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NewsBeijing-based investor considering Costa bid
Centurium Capital, which is a major shareholder in China’s largest coffee chain, Luckin Coffee, is considering a bid for the Coca-Cola owned UK coffee company
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NewsThe Coconut Tree appoints administrators
The Sri Lankan restaurant group is facing insolvency proceedings having defaulted on its company voluntary arrangement earlier this year
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InterviewsYard Sale Pizza ‘open to exploring franchising’
Co-founder Johnnie Tate tells MCA the Piper-backed pizza delivery brand is having conversations about franchising and expanding outside of London having recently appointed Stephen Hollis as CEO
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NewsVulnerable Diageo could be forced to spin off Guinness
The UK-listed drinks giant is braced for a swoop by an activist investor that would force it to sell its Guinness brand after a profits alert sent its shares to their lowest level in a decade, The Mail on Sunday reports
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NewsFive Guys hunts for new investor to flip stake
Jointly owned by the entrepreneur Sir Charles Dunstone’s investment vehicle, a deal could value Five Guys’ European operation, which trades from nearly 300 sites, at up to £600m, Sky News reports
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Analysis & InsightIs it time at the bar for The Revel Collective?
Having launched a formal sales process and warned it’s at risk of running out of cash, MCA examines what the future may hold for the beleaguered pub and bar operator
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NewsBrighton Pier up for sale as revenue drops
Brighton Pier Group said it is ’actively exploring opportunities for the potential sale of some or all of its remaining assets’ as a result of the the impact of last year’s budget
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InterviewsLaine: ‘We’re built by young people for young people’
The Brighton-based pubco has launched its first site in Norwich under its Dead Wax brand as it continues to place greater emphasis on the Gen-Z market and data-driven expansion
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NewsDeep Blue Restaurants rebrands as Harry Ramsden’s Group
The move will see Deep Blue sites rebrand to Harry Ramsden’s as the group looks to consolidate operations and expand its reach both nationally and globally
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NewsYum! launches strategic review of Pizza Hut
Chief executive Chris Turner said Pizza Hut’s faltering performance now requires “additional action” which could take place outside of Yum! Brands