Investment
Our coverage tracks financial activity shaping the UK foodservice and hospitality sector, from venture capital and private equity backing to corporate acquisitions, refinancing deals, and growth funding. Our reporting is focused on the operators, brands, and concepts attracting capital, and what that means for the wider industry. Whether you’re a restaurant group seeking funding, a pub chain monitoring market valuations, or a catering contractor analysing competitor growth, our investment coverage delivers intelligence that helps business leaders understand where money is flowing, and why. Expect deep dives, expert commentary, and deal-by-deal context, all tailored to the foodservice trade.
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Jul- 2024 -16 JulyPubs and Bars
JD Wetherspoon rebuffs TUC accusation of being low-pay employer
JD Wetherspoon chairman Tim Martin has hit back at comments made by the Trade Union Congress (TUC) head Paul Nowak, which called the pub chain an employer that has “built its business model on low-paid insecure employment”. The rebuttal comes after The Telegraph published an interview with Nowak on Sunday…
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16 JulyFood and Drink
Greggs to open new Kettering distribution centre
Greggs has announced plans to open a new national distribution centre at Symmetry Park, Kettering, in partnership with Tritax Symmetry. According to Greggs, this initiative is a “key” part of its growth strategy, aimed at expanding its supply chain to meet the needs of its growing number of shops across…
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12 JulyRestaurants
Burger brand Hub Box bought out of administration
South-West based burger chain Hub Box has been bought out of administration and sold to South West Restaurants Limited for an undisclosed sum. The transaction will see all of Hub Box’s 10 restaurants across the South West of England continue to trade, with all of the company’s circa 300 staff…
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11 JulyRestaurants
Sandwich Sandwich opens new site in London
Sandwich Sandwich, the family-run eatery based in Bristol and operated by father-and-son duo Nicholas and Joshua Kleiner, has announced the opening of its debut London store at 1 Gresham Street on 18 July. This comes just months after being crowned UberEats Restaurant of the Year in 2023. Sandwich Sandwich was…
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9 JulyRestaurants
Loungers revenues rise 24.7% to £353.5m in FY24
Loungers has revealed it achieved record revenue growth of 24.7% to £353.5m for the 53-week period to 21 April, after opening 36 new sites during the year – seven more than in the prior year. During the year, the operator of Lounge, Cosy Club and Brightside dining concepts saw like-for-like…
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5 JulyGovernment
UKH: ‘Labour needs to deliver on its commitments, and quick’
UKHospitality chief executive Kate Nicholls has said that “we need to see Labour deliver on its commitments, and quick,” after the party secured a landslide victory at the general election. The UKH boss said within the first 100 weeks, the sector needs to see reduced employer National Insurance Contributions to…
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3 JulyNews
Today’s news in brief – 03/07/24
Hawksmoor has reportedly begun exploring a sales process as a way to grow its international presence, according to The Financial Times. It is understood that investment bank Stephens has been appointed to run the sale process, and has already begun talking to potential buyers. Heineken UK plans to relocate its…
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3 JulyRestaurants
Hawksmoor explores sale to aid international expansion
Hawksmoor has reportedly begun exploring a sales process that could value the restaurant group at roughly £100m in a bid to grow its international presence, according to The Financial Times. It is understood that investment bank Stephens has been appointed to run the sale process, and has already begun talking…
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1 JulyNews
Today’s news in brief – 01/07/24
Scottish hospitality saw a 33% rise in sales during Scotland’s Euros matches, with high street pubs benefiting the most from an average 74% rise in sales. According to CGA by NIQ data, the day of Scotland’s game vs Switzerland generated the biggest boost in sales, rising 28% compared with last…
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1 JulyPubs and Bars
Red Engine to launch Electric Shuffle site in New York
Red Engine has announced that it is set to launch a flagship Electric Shuffle bar in New York City on 12 July. Located in the NoMad district, the multi-million-pound investment occupies 10,000 square feet of Manhattan real estate on the second floor next to the Virgin Hotel. Set across two…
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