AccorHotels has announced the acquisition of Adoria, a software as a service (SaaS) platform that enables the catering industry to optimise supply management. Founded in France in 2003, Adoria is used by 2,700 organisations (30 catering groups) and brings together 300,000 active users and more than 800 manufacturers and distributors.…
Read More »Business
The latest news and updates on the business of foodservice, from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
So-called pan-Asian food chain Wagamama has appointed Goldman Sachs to “review strategic growth options for the business” as it looks to expand into the US. It has been reported that the options put forward by Goldman Sachs will include a potential sale of the company. Wagamama said in a statement:…
Read More »
Sri Lankan restaurant chain The Coconut Tree has announced plans to expand throughout major UK towns and cities, appointing leisure property specialists Fleurets to lead the expansion. The chain currently has sites in Cheltenham and Oxford and have agreed terms on a site in central Bristol. It is now looking…
Read More »
Thai restaurant chain Rosa’s is on the brink of selling a majority shareholding to US private equity company Tri Span this week. Founders Alex and Saiphin Moore are still set to be involved with the chain as minority shareholders while the company expands overseas. Tri Span has been buying up…
Read More »
The former QHotels executive team, comprising co-founders Michael Purtill and Ian Goulding, Vivien Sirotkin, Chris Gaines, and Nichola Roskell have announced the launch of a new hospitality management venture. The firm, Inspiring Hospitality Management Limited (IHM), will provide guidance, advice and bespoke management services to hospitality investors, owners and operators.…
Read More »
London-based catering specialist Absolute Taste has announced a partnership with blockchain platform Omnitude to allow customers to track the history of their meals. Absolute Taste provides food experiences to international and domestic events such as Formula E; The British Grand Prix at Silverstone; The Fever Tree Championships at Queens and…
Read More »
Harry Ramsden is to offer £20,000 of free fish and chips as part of National Fish and Chip Day, as customers served with a ‘golden fork’ will not have to pay for their meal. The fish and chip chain celebrates 90 years in business and has announced a new menu…
Read More »
Trade association UKHospitality has called on the government to ensure that employment in the UK is “fair, transparent and flexible for both employers and employees”. Responding to a series of consultations in the wake of the Taylor Review into modern working, UKHospitality has made a series of recommendations to provide…
Read More »
Catering company Wilson Vale has announced record turnover for the year ending 31 December 2017, rising £5.3m compared with the previous year. The company also confirmed pre-tax profits rose from £2m to £2.4m during the same period. The company won several new contracts over the last financial year, and currently…
Read More »
Offshore caterers are to get a pay rise of nearly 2% and new bonuses after months of strikes as trade unions Unite and RMT accept a pay offer from the Caterers Offshore Trade Association (COTA). COTA represents six companies with over 2,500 employees collectively. The pay increase will be backdated…
Read More »