All Finance articles – Page 6
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InterviewsPizza Pilgrims: ‘We have clarity around our vision for the next chapter’
The experience offered by new owners L’Osteria, and backers McWin, alongside a belief in the potential to grow Pizza Pilgrims internationally, is “hugely exciting” for the business, co-founder Thom Elliot tells MCA.
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NewsBlacklock posts strong growth as brand expands beyond London
Growth was driven by sustained cover increases across the estate and the performance of its first regional site in Manchester, which has exceeded expectations
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NewsBusaba acquired for £75k
The seven-strong Thai restaurant group was acquired out of administration by Seaco Investments last month
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NewsOakman Group faced ‘substantial pressure’ from debt load
The premium pub operator made a loss of £18.1m in the year ended 30 June 2024, with like-for-like sales down 2.8%, prior to entering into administration last month
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NewsXP Factory sees ‘marked turnover’ in like-for-likes
The experiential leisure group said its Boom Battle Bar and Escape Hunt brands had returned to growth following a challenging first quarter due to the unseasonally warm weather and economic instability
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NewsDishoom reports 17% increase in turnover for 2024
The Indian restaurant group, which recently received investment from L Catterton, delivered substantial revenue and EBITDA growth in FY24, with positive momentum continuing into 2025
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NewsJust Eat Takeaway takeover approved
The European Commission has approved the €4.1bn takeover of Just Eat Takeaway by Prosus, after the technology investment group offered to make significant concessions in order to gain permission for the food-delivery deal
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NewsPizza Pilgrims acquired by McWin-backed restaurant group L’Osteria
German-based Italian restaurant group L’Osteria has acquired a majority stake in the Neapolitan pizza brand for an undisclosed sum, and will partner with Pizza Pilgrims as it explores opportunities for international openings and measured expansion in the UK.
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NewsSix by Nico raises £1.6m in early access crowdfunding
The six-course tasting menu concept group will use the funds to support the opening of its new flagship in London and to reduce existing debt
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NewsKrispy Kreme targets UK refranchising as part of global turnaround plan
Krispy Kreme is set to refranchise its UK and Ireland operations as part of a newly announced turnaround plan focused on profitable US growth and capital-light international expansion
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NewsUK driving international sales at Restaurant Brands International
RBI, owner of the Burger King, Tim Hortons, Popeyes franchises, reported a 9.8% increase in system-wides sales within its international business with Popeyes achieving really strong sales outside the US
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NewsSales return to growth for Papa Johns UK
The pizza delivery chain has undergone significant transformation since 2023, a strategy that has led to growth in both customers and sales, according to CFO Ravi Thanawala
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NewsStrong H1 for Deliveroo
Gross transaction value (GTV) as well as revenue was up 9%, with orders up 8% for the period ended 30 June
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NewsTasty outlines plans for future investments
The Wildwood and dim t operator expects to use £3.6m for the acquisition of other brands, while £3m will be used to invest in existing restaurants
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NewsMcDonald’s: ‘UK recovery will take time’
The fast food chain insisted it has a solid track record in delivering turnaround plans, and said it was continuing efforts to improve the UK’s overall performance
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NewsSimmons Bars acquired in pre-pack for £6m
Sixteen sites were acquired by founder Nick Campbell and Lonsdale Capital Partners, after the bar business suffered a downturn in trading and a loss of £2.85m in 2025
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NewsTortilla achieves 5% rise in like-for-likes
The fast-casual Mexican restaurant group achieved a £3.9m increase in revenue for the half-year, to £35.4m, with strong sales momentum continuing into H2
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NewsKFC UK sales up 5% in Q2
Owner Yum! Brands said the UK KFC business, which accounts for 6% of KFC’s system sales worldwide, had also achieved 5% sales growth in the year-to-date.
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NewsButcombe Group delivers 9.8% growth in like-for-likes
Sales were up across all areas of the managed business, with drinks seeing the strongest lfl growth of +13% - boosted by the favourable weather, while food sales were up 8%, in the first half of the year
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NewsGreene King Pub Partners to invest £27m this year
It follows capital investment of £23m in both 2023 and 2024 and will fund internal and external refurbishments across its leased, tenanted and franchise pub estate in England and Scotland