Finance News

The Botanist, NWTC

NWTC achieves 15% increase in FY revenue

21 Sep 2018

New World Trading Company (NWTC) has reported a 15% rise in underlying sales for the full year to 31 March 2018, MCA has learnt.

Itsu exterior

Metcalfe: ‘You don’t need loyalty schemes, just be better than everyone else’

21 Sep 2018

You don’t need to invest in loyalty schemes – as long as you are doing a good enough job then your customers will keep returning, believes Pret A Manger and Itsu founder Julian Metcalfe.

Uber

Uber/Deliveroo: 'It is fairly likely to happen'

21 Sep 2018

Overnight reports that Uber is in talks to acquire Deliveroo made for interesting breakfast reading this morning. Finn Scott-Delany examines the likelihood of the deal coming off, and the potential impact on the UK delivery market.

Wildwood

Tasty cancels growth funding

21 Sep 2018

Tasty, the Wildwood operator, has said it has “no plans to open any new sites at the current time” and has cancelled its unused £5m revolving credit facility earmarked for expansion.

Deliveroo logo

Uber ‘in talks to acquire Deliveroo’

21 Sep 2018

Uber is in early talks to acquire Deliveroo, according to reports.

Karen Jones at MCA's Restaurant Conference 2018

Jones: 'Prezzo lost its focus on hospitality'

20 Sep 2018

Prezzo executive chair Karen Jones has told MCA’s Restaurant Conference about her decision to take charge of the struggling brand and mission to “make customers love it again”.

Gaucho sign

Gaucho creditors approve CVA plan

20 Sep 2018

Gaucho has received approval from the majority of its creditors for its Company Voluntary Arrangement (CVA) plan, MCA understands.

Restaurant

Branded restaurants remain in growth despite wider sector troubles

20 Sep 2018

Turnover decline in the restaurant sector is set to slump to its lowest point since the recession, according to the latest data from MCA.

Vagabond

Draft House deal gives paws for thought on BrewDog

27 Mar 2018

Yesterday’s announcement that BrewDog had acquired the 14-strong Draft House estate is the latest twist in the endlessly entertaining story of the Scottish upstart. MCA editor James Wallin discusses what this means for wider perceptions of BrewDog, as well as the implications for Draft House as a brand.

Peter Marks

Marks’ theory on Revolution

15 Aug 2017

Deltic Group chief executive Peter Marks talks to MCA about the group’s proposal to merge with Revolution Bars Group to create a 125-strong “powerhouse” late-night operator.

Stonegate

In the mixer

01 Aug 2017

When Revolution Bar Group’s shares plummeted nearly 40% back in May it felt very much like a case of when, rather than if, Stonegate Pub Company would make its move for the Mark McQuater-led bar chain. With that steep decline in share price in mind, Stonegate’s 200p a share offer looks likely to lead to a positive outcome for all involved

Admiral Taverns

Inside Track: Admiral intentions

13 Jul 2017

Do the bids for Admiral Taverns show that after years in the shadows of managed pubs and casual dining, that tenanted pubs are now back at the centre of M&A activity? MCA deputy editor James Wallin looks at why the segment is so attractive for investors at the moment, what a bid for Admiral could mean for the wider sector and who could be next.

Peter Hansen at The Pub Conference

Where are the next M&A deals?

18 Apr 2017

The Government has thrown many obstacles at pub operators from Brexit, the introduction of the national living wage, the market-rent-only (MRO) option and a new tax on soft drinks. Peter Hansen gives us his expert view on the market and his advice on the possibility of future M&A activity

GBK exterior

M&A activity – 2016 a year in review

24 Jan 2017

2016 was another eventful year in the restaurant and bars sector. Despite some strong headwinds, a steady flow of deal activity has continued over the last 12 months. BDO M&A specialists Tom Barnard and Eleanor Moulsdale take a look at the deals that shaped 2016 and who will be the movers and shakers over the next 12 months.

Punch Falcon pub The Constitution, Pimlico

Heineken hopes to be first to the Punch

14 Dec 2016

Heineken’s bid for Punch would see the Dutch brewer and pub operator take on 1,900 pubs – with Patron Capital retaining the remaining 1,300 in the estate, MCA understands.

See more...

MCA's COMMENTATORS AND OPINION MAKERS