All Deals articles – Page 2
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NewsYolk launches £1m fundraise to kickstart expansion
The ‘fine fast-food brand’ has launched another round of fundraising to facilitate the opening of its next two sites.
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NewsBrewDog owner in talks to rebuy closed bars
Tilray Brands CEO Irwin Simon told The Times the focus for any expansion is likely to be on smaller-scale venues rather than huge sites like BrewDog’s venue in Waterloo Station
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NewsTortilla appoints Gregor Grant NED
The appointment completes the board transition, which saw co-founder Brandon Stephens return as global CEO, Mac Plumpton join as UK CEO, and Marta Pogroszewska join as NED
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Weekend PressBrewDog sold Highland estate for knockdown price after abandoning reforestation plans
Land registration records seen by The Guardian show that BrewDog sold its ’Lost Forest’ at Kinrara for £8.85m, but the estate would have been expected to be worth about £11.3m in real terms by now
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Weekend PressCaffè Nero says growth is ‘steady’ but coffee prices are likely to rise
Founder of the family-owned firm, Gerry Ford, says it will pause acquisitions after takeover of 15 Compass Coffee stores in US, The Guardian reports
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Weekend PressFrom a £1bn dream to a brutal collapse: How Brewdog hit the rocks
For some, the rise and fall of Brewdog has been a cautionary tale of unchecked ambition, rapid expansion and hubris, says the BBC
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NewsInnis & Gunn acquired by C&C Group in pre-pack
The Scottish craft brewery had raised nearly £9m over several crowdfunding rounds, in a scenario which mirrors the BrewDog pre-pack sale which also left small investors out of pocket
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NewsVarious Eateries to rebrand as Coppa Collective as it moves into pubs with rooms
The Hugh Osmond-backed group has acquired four pubs with rooms with a fifth in the offing that will collectively form a third core operating brand alongside Coppa Club and Noci
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NewsSixco scraps crowdfund and undertakes corporate restructuring
The group behind expanding tasting menu restaurant brand Six by Nico said the ‘community-first’ crowdfund it launched last year did not meet the threshold required, despite generating ‘meaningful interest’
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NewsJames Watt’s heartbreak over BrewDog: ‘The mistakes hurt more than the successes console’
Striking a tone of contrition, the group’s co-founder apologised to staff and investors that he was ’not able to repay the faith you bestowed in me’
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NewsJames Brown: ‘BrewDog changed the industry in its own little way’
The Brava Hospitality CEO, who previously spent nine years with BrewDog, says the brewer and bar group was the victim of an environment that burdens business rather than backing it
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NewsTilray Brands acquires BrewDog in £33m deal
The deal sees the consumer products company take on the global brand and related intellectual property, as well as the UK brewing operations and 11 bars across the British Isles
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NewsPopeyes announces entry into Ireland
The team behind Popeyes UK have secured a master franchise development deal, with an initial site opening in Blanchardstown, Dublin, and a further pipeline of additional restaurants across the country already secured, including an additional Dublin ‘megastore’
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NewsCaffè Nero completes acquisition of Compass Coffee
An American division of Nero acquired the 15-strong Washington D.C. based business and roastery after it filed for bankruptcy
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NewsBrewDog deal expected today
CEO James Taylor told staff bars would remain shut today in anticipation of the deal completing, with co-founder James Watt reportedly now ruled out
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NewsFazenda returns to profit
The premium rodizio bar and grill operator says it has ‘maintained a strong market position’ with revenue rising beyond £28m in its latest financial results
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NewsFulham Shore could face ‘substantial’ closures, Toridoll warns
The Japanese owner of The Real Greek and Franco Manca operator says the group is ‘examining a wide range of restructuring options amid ongoing soft market conditions’
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Analysis & InsightValue, velocity and the cross-Atlantic polarisation cycle
As hundreds of QSR franchises file for bankruptcy protection in the US, Robert Ancill explores what this advance notice mean for the UK market, which is facing up to the impact of structurally elevated labour and food costs entrenched in their P&L
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NewsRoyal Unibrew weighs BrewDog takeover
The Danish brewing giant is reportedly among a number of parties said to be ‘seriously interested’ in BrewDog
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NewsBowland Inns reports 3% revenue rise
The Lancashire-based group said its acquisition of Wennington Hall helped drive revenue growth, though the ongoing impact of high interest rates led to pre-tax losses widening