All MCA Insight articles in March 2018 – Page 4
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News
Young’s to open two new-build sites with Berkeley Homes
Young’s Brewery has strengthened its partnership with Berkeley Homes, with two new-build sites coming online this year, MCA understands.
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News
Prezzo creditors to vote on CVA plans
Creditors of the restaurant group Prezzo will today vote on the company’s Company Voluntary Arrangement plans.
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News
Federman swaps Wasabi for Q Apartments
Wasabi’s interim finance director Raoul Federman is to join serviced apartments group Q Apartments as chief financial officer, MCA understands.
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News
Patron takes lead in Laine Pub Co bid
Patron Capital has taken the lead in its bid to acquire a stake in Laine Pub Company, MCA understands.
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News
Carluccio's "approaches PE buyers"
Carluccio’s has approached multiple private equity groups including Duke Street and Bridgepoint in an effort to secure a sale, the FT reports.
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News
Brewdog reports £8.9m EBITDA
Brewdog has reported adjusted EBITDA of £8.9m to the year ended 31 December 2017.
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Analysis & Insight
Restaurant financial distress up 8%
Subdued consumer spending and fierce promotional activity in the restaurant sector has left 11,091 restaurant sites in ‘significant’ financial distress’, Begbies Traynor’s warns.
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News
Flesh & Buns confirmed for Fitzrovia
Bone Daddies founder Ross Shonhan has secured a second site for his bao bun concept Flesh & Buns in Fitzrovia.
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News
Seacys takes over Exbury Gardens catering
Searcys, the upscale restaurant, bar and events venue group, is opening a new casual dining café and taking over catering at Exbury Gardens in Hampshire.
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News
Lunya to launch smaller format site
Lunya, the Liverpool-based Catalonian-style restaurant, bar and deli, is launching a smaller-format sister site, Lunyalita, at Albert Dock.
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News
Harts Group reveals three new sites, to launch crowdfunding
Harts Group, the restaurant group behind Barrafina, Quo Vadis and El Pastor, is opening two restaurants and a wine bar at the new Coal Drops Yard retail quarter in King’s Cross.
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News
Loungers is UK’s fastest growing pub company
Loungers was the fastest growing UK pub group in terms of turnover in 2017, the latest MCA data has shown.
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News
Beck to launch at Brown's
Chef Heinz Beck is returning to London next month to launch informal restaurant at Brown’s Hotel in Mayfair.
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News
Kurobuta takes on former Barrafina site
Kurobuta founder Scott Hallsworth has taken on the former Barrafina site on Frith Street for his Freak Scene concept.
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News
Rolls sells £81m stake in Fever-Tree
Fever-Tree founder Charles Rolls has sold a 2.6% stake in the premium tonic business for £81m.
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News
Cosmo closes three sites
Cosmo, the world buffet restaurant operator, has closed three sites, in Coventry, York and Leeds, as flagged up by MCA’s sister title BigHospitality.
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News
Admiral appoints managing director
Admiral Taverns has appointed Ian Ronayne as managing director and confirmed David Wigham’s new role as interim commercial director.
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News
Schofield chairs TDR-backed Buffalo Grill chain
Ivan Schofield has joined the board of Buffalo Grill, the 356-strong French steakhouse concept, as its non-executive chairman
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News
Mowgli secures Cardiff site
Mowgli has further strengthened its openings pipeline, after securing its first site in Wales, in Cardiff
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News
Kricket to return to Brixton
Kricket is set to make a permanent return to Brixton, after securing a new site in the area