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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Oct- 2024 -1 OctoberPubs and Bars
Punch Pubs and Co acquires The Straw Bear, Peterborough
Punch Pubs and Co has announced the acquisition of The Straw Bear pub in the Peterborough suburb of Whittlesey for an undisclosed sum. The traditional wet-led pub dates back to the mid-20th Century, located in the market town of Whittlesey just six miles east of Peterborough. It will sit within…
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Sep- 2024 -30 SeptemberFood and Drink
Incipio Group โrecordโ FY sales hit ยฃ25.9m
London-based hospitality operator, Incipio Group, has reported record sales of ยฃ25.9m for the year to 31 December 2023, having increased 32% against 2022.ย Meanwhile, the group also reported โrecordโ adjusted EBITDA on continuing operations of ยฃ2.5m โ a ยฃ1.8m improvement on the previous year.ย It comes as the group focused…
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30 SeptemberBusiness
Inverclyde Council unveils Growth Programme for Independent Hospitality Businesses
Inverclyde Council has launched the Growth Programme for Independent Hospitality Businesses to help boost the local sector thanks to funding from the UK government through the Shared Prosperity Fund. It follows the success of a similar initiative run earlier this year for independent retailers. Participants in the new hospitality support…
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27 SeptemberFood and Drink
Chick-fil-A targets UK expansion
Atlanta-based fast food restaurant Chick-fil-A has announced that it is targeting sites in London, Leeds, Liverpool and Belfast as it looks to expand into the UK market. The brand has stated that it is โin the process of selecting operatorsโ for the four cities and hopes to open a total…
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26 SeptemberPubs and Bars
Mitchells and Butlers sees LFL sales rise by 5.2%
Mitchells and Butlers has reported a 5.3% like-for-like sales growth for the 51 weeks ended 21 September 2024 and a 5.9% increase in total sales in the year to date. The groupโs food sales were up 5.3% for the year to date, while its drink sales increased by 4.9%. Like…
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25 SeptemberNews
Todayโs news in brief – 25/09/24
Tortilla saw revenues in H1 fall from ยฃ32.7m to ยฃ31.5m, as overall like-for-like revenues fell 5.5% due to a planned decision to end its ties with Deliveroo. This move culminated in an โexpectedโ delivery revenue decline of 10.3% like-for-like, albeit with improved delivery profitability of ยฃ0.5m in the first half.…
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25 SeptemberNews
Punch Pubs acquires further 14 pubs
Punch Pubs and Co. has announced the acquisition of the Milton 1 and 2 portfolio from real estate investment company Aprirose, adding a further 14 pubs to its 1,300-strong estate. The newly acquired pubs, currently operated by Blackrose Pubs, will benefit from Punchโs commitment to investment and development. This is…
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23 SeptemberNews
Todayโs news in brief 23/09/24
RedCat will be investing ยฃ8m in its portfolio of pubs across the next six to 12 months. The programme will focus on team training and upskilling, service, renovating the buildings and improving the offer of food, drink, rooms and entertainment. The company has already completed five projects. Manchester Airport will…
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23 SeptemberPubs and Bars
RedCat Pub Company to invest ยฃ8m in portfolio
The RedCat Pub Company has revealed that it is set to invest ยฃ8m in its portfolio of pubs and coaching inns across the next six-12 months. The company has stated that it is set to invest in 18 RedCat pubs and 6 Coaching Inns across the UK. The programme will…
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23 SeptemberFood and Drink
Manchester Airport bolsters F&B offering amid ยฃ1.3bn investment
Manchester Airport will be opening 22 new shops, restaurants and bars next summer, as it completes the second and final phase of its ยฃ1.3bn Terminal 2 transformation.ย The line-up of food and beverage outlets will include The Great Northern Market, a new JD Wetherspoon pub, a Joe and the Juice…
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