All Deals articles – Page 28
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NewsM&B completes £266m Orchid acquisition
Mitchells & Butlers (M&B) has announced that it has acquired the majority of Orchid’s estate, consiting of 173 sites, in addition to Orchid’s head office, for £266m
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Firezza secures new investment and Pizza Lupa
Firezza has acquired a controlling stake in rival brand Pizza Lupa and has plans to grow to 25 sites over the next three years,
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NewsFuller's buys 51% stake in cider and pizza restaurant business
Fuller’s, the London-based brewer and pub operator, has acquired a 51% stake in The Stable, a six-strong craft cider and pizza restaurant business for £7.3m
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NewsR&L Properties disposal completed
On the back of Hawthorn Leisure’s acquisition of 88 pubs from the former estate of Robert Tchenguiz, the sale process of the R&L Properties pubs portfolio have now been completed for a total sum of c£75m
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NewsCote completes Cobham deal
Cote, the French brasserie chain, has completed on a site in Cobham for an opening at the end of this year/start of next
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NewsSpirit plans Orchid leases deal
Spirit Pub Company is planning to acquire around a dozen leases currently operated by Orchid Pub Company on which it is guarantor before they are placed into administration
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NewsPunch agrees to sell five pubs for £9.7m
Punch Taverns has agreed to sell five freehold pubs in central London to Manica Properties Ltd, an Isle of Man-based company, for £9.7m
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NewsStonegate-operated package sold in £28m deal
OLIM Property, the property investment company led by former Liberal Democrat Treasury spokesman Matthew Oakeshott, has acquired 15 freehold pubs let to Stonegate Pub Company for £28.3m
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NewsOperators outline Responsibility Deal progress
Operators from the eating and drinking out sector have taken further steps to adhere to targets under the Public Health Responsibility Deal with the Government through means such as reducing salt and calorie content of foods and avoiding underage alcohol sales
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NewsWahaca completes Great Portland St deal
Wahaca has secured its next site in London, after completing on a deal for a site in Great Portland Street
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Analysis & InsightDealing with the poisonous posts
What can retailers do when they see inaccurate, derogatory messages about their business online? Charles Russell’s Vanessa Barnett and Caroline Swain offer some top tips
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United Ramen confirms ex-Strada site deal
United Ramen, the Japanese restaurant and takeaway concept, has confirmed it will be opening its first site under the Live4Food group on an ex-Strada site in London
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Amber Taverns changes hands in £80m deal
Amber Taverns, the fast-growing operator of wet-led community pubs, has changed hands as part of an £80m management buyout
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NewsJack upgrades M&B over expected Orchid deal
Leading analyst Douglas Jack has upgraded Mitchells & Butlers (M&B) from Add to Buy following news of its likely takeover of the majority of the Orchid estate, which he described as an “excellent transaction” for the group
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UK-based restaurant reservation system signs US deal
ResDiary, the global restaurant booking specialist established by hospitality veteran Mike Conyers, has agreed a deal to take the system to the US
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NewsM&B takes lead on Orchid
Mitchells & Butlers is understood to have moved ahead of private equity competition and entered exclusive talks to acquire the majority of Orchid Pub Company, for a sum of c£265m
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Compass wins five-year Homebase deal
Global catering company Compass Group’s Instore division has secured a multi-million pound deal with DIY retailer Homebase to open 30 coffee shops across its chain of stores over the next five years
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NewsTGI Friday's sold
Carlson has announced that an agreement has been reached to sell TGI Friday’s, the casual dining chain, to Sentinel Capital Partners and TriArtisan Capital Partners for an undisclosed sum
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Matthew Clark buys stake in marketing agency
Matthew Clark, the drinks wholesaler part-owned by Punch Taverns, has bought a 51% stake in London-based marketing agency Elastic for an undisclosed sum
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NewsYO! signs deal for 50 US openings
YO! Sushi, the Quilvest-backed group, plans to open 50 restaurants in the US over the next six years after signing a new franchise agreement for the country