All Deals articles – Page 34
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News
Little Chef to live on after c£15m deal
Little Chef, the iconic restaurant chain is to live on after the c80-strong business was acquired from RCapital by the Kuwaiti company Kout Food Group Restaurants UK Limited (KFGR-UK), in a deal, which valued the business at around £15m
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News
Birmingham Council withdraws from Responsibility Deal
Birmingham City Council is the latest body to withdraw from the Responsibility Deal over the decision to shelve plans to introduce minimum pricing of alcohol and plain packaging for cigarettes
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News
Camden Town signs deal with Australian brewer
The north London brewer has entered an agreement with Stone & Wood Brewing Co to support and distribute each other’s beers in their respective markets
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News
Fuller’s secures Blackfriars site from Punch
Fuller’s has strengthened its London estate with the acquisition of the White Hart pub in Blackfriars from Punch Taverns in an off-market deal for in excess of £2.5m
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NewsGraphite takes stake in Hawksmoor
Graphite Capital, the private equity backer of Rex Restaurants, has backed the management buy-out of Hawksmoor, in a deal which values the company at around £35m.
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NewsSheps: K&N deal, reorganisation, redundancy threat
Shepherd Neame has announced a reorganisation of its board as it reached a 10-year logistics agreement with Kuehne + Nagel, in a move that will see the departure of production and distribution director Tom Falcon and is likely to result in a “limited number” of redundancies as 57 employees enter consultation
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News
Diageo to secure Chinese drinks producer
Diageo has received approval to acquire the remaining 47% stake in Sichuan Chengdu Shuijingfang Group that it does not already own in a deal worth c£233m
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News
Subway signs Sodexo franchise deal
Subway has sign a franchise deal with Sodexo, which will see the contract caterer further introduce the high street sandwich chain brand to its retail offer
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NewsStonegate in talks to acquire Living Room
Stonegate Pub Company, the managed operator backed by TDR Capital, is understood to be in exclusive talks to acquire the 14-strong Living Room chain, which is valued at around £10m, M&C Report understands.
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News
Investment fund secures Punch freeholds
A pair of Punch Taverns freehold pubs based in London’s Clerkenwell have been sold to a private investment fund in an off-market deal for £3.5m. The fund has secured the White Bear and the Smithfield Tavern, both in EC1, near London’s Smithfield meat market.AG&G’s James Grimes, who represented the buyers ...
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News
Ideal Collection plans significant growth
Ideal Collection is looking to triple the size of its five-strong estate over the next four years
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Opinion
Health bodies withdraw from Responsibility Deal
The future of the Alcohol Network of the Responsibility Deal is in jeopardy after a group of senior health bodies and professionals pulled out over the shelving of minimum pricing
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Opinion
Young’s signs BT Wi-Fi deal
Young’s has signed a deal with BT that will see Wi-Fi rolled out across its pub estate
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News
Welcome Break deal leaves RBS out of pocket
The Royal Bank of Scotland has been left more than £80m out of pocket by Robert Tchenguiz’s ill-fated investment in a portfolio of Welcome Break sites
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News
McMullen’s adds Punch freeholds
Hertfordshire brewer and operator McMullen’s has acquired three further pubs, including two central London-based freehold sites from Punch Taverns, for an undisclosed sum
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NewsAG Barr and Britvic merger abandoned
The proposed merger between AG Barr and Britvic has collapsed, after the Irn Bru maker had a renewed offer to merge the two companies rejected
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News
Wrap It Up! acquires Flying Burrito chain
Wrap It Up!, the London-based world gourmet wrap concept, has acquired the three-strong Flying Burrito chain
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News
Luminar signs £25m supply deal with Matthew Clark
Luminar, the country’s biggest nightclub operator, has a signed a supply deal with Matthew Clark worth £25m a year, according to The Times
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News
Orchid explores options
Orchid Pub Company could be sold after owners Deutsche Bank appointed advisors to explore options for the 242-strong group
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NewsPiper acquires stake in Turtle Bay
Piper Private Equity, the backer of Loungers and Be At One, has acquired a significant stake in Turtle Bay, the four-strong Caribbean restaurant chain