All Deals articles – Page 37
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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
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News
Atmosphere estate acquired by Chicago Group
The rump of the former Atmosphere Bars and Clubs estate has been acquired out of administration by the Chicago Group
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News
Turtle Bay takes Peach site
Turtle Bay, the Caribbean restaurant concept, has secured Peach Pub Company’s the Almanack unit in Leicester’s Highcross shopping centre.
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News
Liberation Group acquires six-strong package
Liberation Group, the Jersey-based pub and drinks business, has agreed to acquire six of the Channel Islands’ best known pubs and bars