Supplier News – Page 16
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ResDiary software sold to AccorHotels
Global investment bank GCA Altium has advised ResDiary, a provider of online restaurant reservation software, on its sale to French-listed global hospitality group AccorHotels.
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NewsCPL Training appoints new managing director
CPL Training has appointed Louise Sui as its new managing director, with immediate effect.
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Bestway buys retail arm of Conviviality
Bestway is to buy the retail divisions of Conviviality, which includes Bargain Booze, Wine Rack, WS Retail and Select Convenience, in a £7m deal.
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NewsHawkes snapped up by BrewDog
Hawkes, the cider company co-owned by the team behind Barworks and The Diner, has been aquired by BrewDog, MCA understands.
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BrewDog linked with craft cider move
BrewDog is believed to be eyeing a further acquisition that would add a craft cider producer to its portfolio
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Conviviality completes sale of Matthew Clark & Bibendum to C&C
Conviviality Plc has sold its Conviviality Direct business to C&C Holdings NI Limited – a wholly owned subsidiary of C&C Group Plc.
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Diageo appoints non-exec director
Diageo has appointed Susan Kilsby as a non-executive director, effective immediately.
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Chinese PE firm frontrunner for Conviviality
A Chinese private equity firm has emerged as the frontrunner to acquire Matthew Clark owner Conviviality
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UK food and drink exports up 12% in 2017
A survey has found that UK food and drink exports rose 12% in the year to November 2017.
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KFC supply problems continue
Some KFC restaurants remain closed this week with others operating a limited menu, MCA’s sister title, the Grocer has reported.
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NewsConviviality in sale talks after fundraise fails
Drinks supplier and wholesaler, Conviviality has announced this morning that it intends to appoint administrators, having failed to raise the £125m it needs to recapitalise.
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NewsPrice warning over Matthew Clark service issues
Conviviality’s financial problems could disrupt prices in the market, as rivals seek to take advantage of the trouble supplier, Prestige Purchasing’s David Read has warned.
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Zonal sees turnover rise 20.5%
Zonal, the hospitality technology specialist, has reported a 20.5% rise in turnover in the year to 30 June 2017, to £54.3m.
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Funkin mixers sees FY sales up 25%
AG Barr has said its Funkin cocktail mixers brand grew sales 25% in the year to 27 January and is now 50% bigger than when it was acquired in 2015.
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CGA Group acquires CPL Online
CGA Group has completed the acquisition of CPL Online, the e-learning platform from CPL Training.
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Adnams to invest in low-alcohol beers
Adnams grew beer volumes 9.1% in 2017 and is now installing equipment to make low-alcohol beers with the aim of introducing a 0% version of Ghost Ship in May.
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Conviviality launches emergency £125m fundraising
Conviviality has launched an emergency £125m fundraising in an attempt to stave off its collapse
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Measuring the Attenborough effect
With delivery companies announcing major plastic packaging reduction initiatives, the Sustainable Restaurant Association’s Andrew Stephen examines the Attenborough effect – and what more the industry can do to address the pressing issue
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Conviviality eyes new equity raise
Conviviality, the wholesaler and drinks distributor, is exploring the possibility of an equity fundraise to recapitalise the business.
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Conviviality appoints PwC, as shares suspended
Conviviality, the wholesaler and drinks distributor, has engaged PwC to assist in discussion with HMRC and creditors, as its shares are suspended from trading on AIM.