All Deals articles – Page 31
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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
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CPL and BII agree £1m partnership deal
CPL Training Group has announced that it has entered into a strategic partnership with the BII to deliver all BIIAB qualifications across the UK for the next five years
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NewsPatisserie Holdings valued at £170m
Patisserie Holdings has been valued at £170m on its conditional admission to AIM this morning, placing it at the lower end of its predicted range
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NewsSuitors circle Orchid
Mitchells & Butlers (M&B), Greene King and Starwood Capital, are amongst six firms believed to be set to bid for all or part of Orchid Pub Company