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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Jun- 2024 -25 JuneNews
Today’s news in brief – 25/06/24
Tortilla has acquired Fresh Burritos in France for €3.95m (£3.34m). The deal was funded from the group’s existing debt facilities and is expected to contribute £2.5m of additional annual adjusted EBITDA at 24 months maturity. It comes as the latest step in Tortilla’s growth strategy that will see the brand…
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25 JuneNews
Stonegate appoints new non-exec director
Stonegate Pub Company has appointed Mark Davies as a new non-executive director. Davies is the CEO of Primary Health Properties, the FTSE 250 UK real estate investment trust, and a non-executive director of Palace Capital, a regional focused REIT. He was previously a co-founder and CEO of NewRiver REIT and…
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24 JunePubs and Bars
Young’s Pubs profits and revenues surge
Young’s Pubs has revealed its profit-before-tax has increased 9.3% to £49.4m as its revenues increased 7.4% to £388.8m on a comparable 52-week basis and 3.4% on a like-for-like basis in 2023. The pub group’s adjusted EBITDA also increased 7.8% to £92.2m and its managed house adjusted EBITDA for the period…
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20 JunePubs and Bars
Hydes invests £1m in beer garden renovations for summer
Hydes has announced that its beer gardens, patios and terraces have undergone renovations adding up to £1m across its pub estate. As part of its ongoing pub refurbishment programme, which has seen over £10m get invested back into the Hydes pub estate since 2022, the family-owned business has enhanced many…
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14 JuneNews
Humble Crumble to open first West End site
Humble Crumble, the artisan crumble bakery, is set to open a dedicated unit in the West End as the brand begins its expansion plans across the capital. Joining its current locations in Camden Market, Borough Market, and Spitalfields, Humble Crumble is set to open a store in Seven Dials Warehouse,…
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13 JuneBreweries and Distilleries
Fuller’s FY profits soar 61% to £20.5m
Fuller’s has today (13 June) announced a 61% increase in profit before tax to £20.5m for the 53-week period ended 30 march. It comes as sales at the brewing company rose by 7% to £359.1m, while EBITDA reached £60.8m. Like-for-like sales were up 11%, with Fuller’s announcing “strong” sales and…
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13 JuneTrade Associations
‘Back hospitality to serve Britain’, UKH urges
UKHospitality plans to call on all political parties to give their backing to the sector at its annual summer conference, as it maintains that hospitality can grow at a “significantly” faster rate than the wider economy. According to economic analysis from UKH and Ignite Economics, the sector can grow by…
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10 JuneNews
Today’s news in brief – 10/06/24
St Austell Brewery has reported a “record” year where total revenues rose 10% to £229.5m. This comes as the group’s total operating profits for the financial period reached £13.2m, showing a rise of 15% on the previous year. During 2023, St Austell saw inflation reduce from the peak of the…
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10 JuneNews
Greggs to open new production and logistics facility
Greggs has announced it has entered into a lease agreement for a new state-of-the-art frozen production and logistics facility in Derby, Derbyshire. Greggs’ strategic growth plan, announced in 2021, set out ambitious expansion targets requiring investment in significant supply chain capacity. At 12 May 2024, Greggs had 2,500 shops trading…
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5 JuneTrade Associations
UKH calls for pragmatic migration plans that reflect sector needs
UKH has stressed the need for an employment plan that meets the needs of the economy and the hospitality sector. This comes as Labour party leader, Keir Starmer, said on Sunday (2 June) that “a future Labour government will bring down net migration”. To achieve this, Starmer said the Labour…
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