News
The latest industry news 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.
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Oct- 2022 -3 October
Burger King acquires 74 franchise restaurants
Burger King UK (BKUK) has announced the indirect acquisition of all 74 Burger King restaurants, including 36 drive-thrus, from its second largest franchise partner, Karali Limited and Teresina Limited (the Karali Group). This marks BKUK’s “largest ever” franchise consolidation, and the announcement comes as the business has secured £110m of…
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Sep- 2022 -30 September
Just Eat to appoint former MD as CCO
Just Eat Takeaway.com has expanded its management board by nominating Andrew Kenny, a previous managing director at the group, as its new chief commercial officer (CCO). Kenny has been with the company for five years and served as MD for Just Eat UK. He is also a member of the…
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30 September
Popeyes expands its UK presence with four more sites
Popeyes Louisiana Kitchen UK, has announced its next wave of UK restaurant openings, with in-line sites due to open in Derby, Leicester, Liverpool and Cambridge. The news follows the successful launch of its two latest sites, Gateshead and Oxford. Its Derby site will open to the public in late October,…
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30 September
Downing acquires Pub People Group
Investment manager Downing has acquired The Pub People Group (Pub People) and merged it with its existing investment in Autumn Pubs Limited (Autumn), which has been managed under contract by Pub People since 2012. Funds managed by Downing will be the majority shareholder in the combined business (the group), and…
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29 September
Chopstix continues Welsh expansion with 5th restaurant
Chopstix is set to open its 5th site in Wales this week, located on North Walk, Cwmbran. It comes amid plans to “significantly increase” its footprint in North Wales over the next 12 months, following stores in Cardiff, Swansea and Bridgend. The new sites will include design elements the brand…
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29 September
Big Table Group acquires Banana Tree
The Big Table Group, operator of Las Iguanas, Bella Italia and Café Rouge, has acquired the fast-casual Pan-Asian restaurant chain, Banana Tree, adding a new cuisine flavour to its family of restaurant brands. The group said Banana Tree is famous for its authentic, exotic and street-food inspired dishes, with flavours…
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29 September
Roseacre Inns expands portfolio with £650,000 investment with Star
Roseacre Inns has announced it is expanding its Midlands-based estate to eight pubs by taking its fifth lease with Star Pubs and Bars at The Axe and Square in Countesthorpe. Following a two-and-a-half-year closure, the pub will receive a £650,000 joint investment to upgrade it into a “traditional pub serving…
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28 September
Just Eat to return to profit earlier than expected
Just Eat Takeaway.com has said it expects to return to profitability earlier than initially expected, with the group on track to generate positive adjusted EBITDA in the second half of 2022. The group said it expects to generate positive adjusted EBITDA in the second half of 2022, an improvement compared…
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28 September
Caprice Holdings to launch Bacchanalia
Bacchanalia, the brand-new restaurant concept from Caprice Holdings, has announced it will open at One Mount Street later this year. Diners will enjoy an eclectic Mediterranean menu, featuring a fusion of traditional Greek and Italian cuisine – whilst indulging in cult Italian wines and cocktails in the restaurant, private dining…
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28 September
Shepherd Neame returns to FY profit as sales rebound
Shepherd Neame has reported a statutory profit before tax of £7.4m for the 52 weeks ended 25 June after a loss of £16.4m the year prior. The brewer, owner and operator of over 300 pubs in Kent and the Southeast, also saw an EBITDA of £23.4m, which “significantly rose” from…
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